About This Property

Discover what makes this home special

Matford House is a well-designed two-bedroom apartment located in the thriving Matford area of Exeter, EX2 8YP. This property offers a spacious open-plan sitting room and dining area combined with a modern kitchen, providing a comfortable and practical living space. Both bedrooms are generously sized, complemented by a single well-appointed bathroom. The apartment benefits from ample natural light due to its south-east facing aspect, ensuring bright mornings and pleasant afternoons. Situated within a contemporary development, it offers an ideal home for first-time buyers, professionals, or investors seeking a property with good rental potential in Exeter.

Property Features

This apartment boasts an open-plan living and dining area that maximizes space and light, perfect for modern living and entertaining. The kitchen is fitted with integrated appliances including an oven and fridge/freezer space. Both bedrooms provide comfortable accommodation with good natural light, while the bathroom features a bath and WC. Additional storage cupboards enhance practicality. The property includes allocated parking and benefits from double-glazing and energy-efficient construction, contributing to lower running costs.

Open-plan livingTwo bedroomsModern kitchenOne bathroomAmple storage cupboardsDouble-glazed windows+2

Local Amenities

Matford House is located within a well-served residential area of Exeter. Nearby primary and secondary schools such as Matford Brook Primary School and Exeter College provide excellent educational options. Local amenities include supermarkets like Tesco and Lidl, a range of shops, and healthcare facilities including a GP surgery. The area is well connected by bus routes serving Exeter city centre and surrounding suburbs. Residents also enjoy access to green spaces and parks, as well as a variety of restaurants and cafes, creating a balanced lifestyle environment.

Primary schoolsSecondary schoolsGP surgerySupermarketsLocal shopsParks+2
Exeter St Davids Train Station (2.4 miles, 8 mins drive) • 5 mins to Exeter

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Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£205,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£85/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£205,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£85/mo
Estimated Ground Rent£7/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Good rental demand from local universities and professionals
Limited direct international transport links
Stable regional property market

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£205,000
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£85/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 £786/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£206,027
+£1,027 projected gain
5-Year Rent Forecast
£966/mo
Based on 4.2% annual growth
Price per Sq Ft£293
Annual Rent Income£9,432
10-Year ROI184%
Break-Even Point24 yrs

Property Value Projection

Based on 0.1% annual growth
£206,027
5yr
£207,059
10yr
£208,097
15yr
£209,139
20yr
£210,187
25yr
Current: £205,000

Monthly Rental Income

Based on 4.2% annual growth
£966
5yr
£1,186
10yr
£1,457
15yr
£1,790
20yr
£2,198
25yr
Current: £786/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
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Sitting room/Dining area
Morning Excellent
Afternoon Good
Evening Low
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
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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£205,000
AvailableNB0000037193
View Location Analytics

Matford House

Exeter, Exeter EX2 8YP
Haldon Reach, Alphington
2
Bedrooms
1
Bathrooms
700
Est. Sq ft
apartment
Type

Developer

Bovis Homes
Available Plot Numbers
8197
1 plot(s) available
Ownershipleasehold

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£205,000Matford House

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Matford House
Matford HouseExeter£205,000

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