About This Property

Discover what makes this home special

The Melford is a charming three-bedroom, two-bathroom family home located in the peaceful rural setting near Honiton, Devon. Priced at £305,000, this property offers a perfect blend of modern living and countryside tranquility. The spacious kitchen/dining area with French doors opens onto a south-east facing garden, providing ample natural light and a pleasant outdoor space for relaxation or entertaining. Upstairs, the master bedroom benefits from an en-suite shower room, complemented by two additional bedrooms and a family bathroom, making it ideal for families or professionals seeking comfort and convenience.

Property Features

This property boasts a well-designed layout with a bright and airy kitchen/dining area that opens onto the garden, perfect for indoor-outdoor living. The separate living room offers a comfortable space for relaxation, while the ground floor WC adds convenience. Upstairs accommodation includes a master bedroom with en-suite facilities, two further bedrooms, and a family bathroom. Additional features include ample storage, double glazing, and efficient central heating throughout.

South-East facing gardenEn-suite bathroomOpen-plan kitchen/diningSeparate living roomGround floor WCStorage under stairs+2

Local Amenities

Situated close to the market town of Honiton, the property benefits from a range of local amenities including well-regarded schools such as Honiton Primary School and Honiton Community College. Shopping needs are covered by a Tesco Superstore and various independent shops in town. Leisure options include the Honiton Leisure Centre and several parks, providing outdoor activities for all ages. Dining options such as The Beehive Restaurant and local cafes add to the community feel, while the nearby library supports educational and cultural pursuits.

Honiton Primary SchoolHoniton Community CollegeTesco SuperstoreHoniton Leisure CentreHoniton ParkThe Beehive Restaurant+1
Honiton Train Station (3.1 miles, 8 mins drive) • 30 mins by car to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£305,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£305,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£305,000
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£0/mo
Estimated Ground Rent£0/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 £1,169/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£306,528
+£1,528 projected gain
5-Year Rent Forecast
£1,436/mo
Based on 4.2% annual growth
Price per Sq Ft£321
Annual Rent Income£14,028
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£306,528
5yr
£308,064
10yr
£309,607
15yr
£311,158
20yr
£312,717
25yr
Current: £305,000

Monthly Rental Income

Based on 4.2% annual growth
£1,436
5yr
£1,764
10yr
£2,167
15yr
£2,662
20yr
£3,270
25yr
Current: £1,169/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 40m
3h 15m
Bristol Temple Meads
1h 30m
1h 40m

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining Area
Morning Good
Afternoon Good
Evening Moderate
Main Bedroom
Morning Moderate
Afternoon Good
Evening Low

Location Scores

45
Walk Score
Car-Dependent
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use commercial and residential+Positive Impact
Honiton Town Centre Regeneration
3 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£305,000
AvailableNB0000054838
View Location Analytics

The Melford

South Molton, Devon, South Molton EX36 4FW
Cashmere Park
3
Bedrooms
2
Bathrooms
950
Est. Sq ft
house
Type

Developer

Tilia Homes
Available Plot Numbers
123
1 plot(s) available
Ownershipfreehold

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£305,000The Melford

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The Melford
The MelfordSouth Molton, Devon£305,000

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