About This Property

Discover what makes this home special

Matford House is a well-designed 2-bedroom apartment situated in the vibrant and rapidly developing area of Exeter, EX2 8YP. This property offers a spacious open-plan sitting and dining area with a modern kitchen, ideal for comfortable living and entertaining. The apartment benefits from a well-proportioned bathroom and ample storage with two cupboards in the hallway. Its location within the Matford development provides residents with a sense of community and access to green spaces, making it perfect for families and professionals alike.

Positioned close to Exeter city centre, the property enjoys excellent connectivity and access to a variety of local amenities. The surrounding area is known for its strong rental demand, making it a promising investment opportunity. With a competitive price point and a desirable location, Matford House is an attractive option for first-time buyers, downsizers, and investors seeking a foothold in Exeter’s property market.

Property Features

This apartment boasts a bright and airy open-plan living space that combines the sitting and dining areas seamlessly with the kitchen. The modern kitchen is equipped with integrated appliances, including an oven and fridge-freezer space. Both bedrooms are well-sized, providing comfortable accommodation. The property includes useful built-in storage cupboards in the hallway, enhancing practicality. Double-glazed windows throughout ensure good insulation and noise reduction, contributing to a peaceful living environment. Residents also benefit from communal green spaces within the development and convenient parking options nearby.

Open-plan livingModern kitchenTwo bedroomsOne bathroomBuilt-in storage cupboardsDouble-glazed windows+2

Local Amenities

Matford House is ideally located near key transport hubs, with Exeter St Davids Station approximately 2.5 miles away, providing direct rail links to London, Bristol, and beyond. Exeter Central Station is also within easy reach, enhancing connectivity. The area offers excellent local amenities including Marsh Barton Retail Park, one of the largest out-of-town shopping areas in Exeter, featuring supermarkets, retail outlets, and eateries. For families, St. James Park Primary School and Exeter College provide reputable educational options. Residents enjoy access to green spaces such as Matford Park, perfect for outdoor activities. Frequent local bus services connect the area to the city centre and surrounding suburbs, supporting sustainable travel.

Exeter St Davids StationExeter Central StationMatford ParkMarsh Barton Retail ParkExeter CollegeSt. James Park Primary School+3
Exeter St Davids Train Station (2.4 miles, 8 mins drive) • 5 mins to Exeter

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25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£210,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£88/mo
Estimated Ground Rent£7/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

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10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£210,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£88/mo
Estimated Ground Rent£7/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£210,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£88/mo
Estimated Ground Rent£7/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £805/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£211,052
+£1,052 projected gain
5-Year Rent Forecast
£989/mo
Based on 4.2% annual growth
Price per Sq Ft£323
Annual Rent Income£9,660
10-Year ROI184%
Break-Even Point24 yrs

Property Value Projection

Based on 0.1% annual growth
£211,052
5yr
£212,109
10yr
£213,172
15yr
£214,240
20yr
£215,313
25yr
Current: £210,000

Monthly Rental Income

Based on 4.2% annual growth
£989
5yr
£1,215
10yr
£1,492
15yr
£1,833
20yr
£2,252
25yr
Current: £805/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Paddington
2h 15m
3h 30m
Bristol Temple Meads
1h 15m
1h 30m

Sun Path & Natural LightAI generated - Estimated

NESW
North-East-Facing Moderate
5h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Sitting room/Dining area
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Low
Evening Low
Bedroom 2
Morning Good
Afternoon Moderate
Evening Low

Location Scores

65
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial/Tech+Positive Impact
Exeter Science Park Expansion
1.5 milesEst. 2025
Residential/Transport+Positive Impact
Matford Green Infrastructure Improvements
0.3 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£210,000
AvailableNB0000037197
View Location Analytics

Matford House

Exeter, Exeter EX2 8YP
Haldon Reach, Alphington
2
Bedrooms
1
Bathrooms
650
Est. Sq ft
apartment
Type

Developer

Bovis Homes
Available Plot Numbers
8195
1 plot(s) available
Ownershipleasehold

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£210,000Matford House

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Matford House
Matford HouseExeter£210,000

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