About This Property

Discover what makes this home special

The Melford is a charming three-bedroom family home situated in a peaceful residential development near Honiton, Devon. Offering a well-balanced layout with two bathrooms including an en-suite, this property combines modern convenience with a welcoming atmosphere. The spacious kitchen/dining area opens onto the rear garden, perfect for indoor-outdoor living and entertaining. The living room provides a comfortable space for relaxation, while the bedrooms upstairs offer privacy and comfort for family members or guests.

Located in the EX36 4FW postcode, this property benefits from proximity to Honiton town centre and excellent road links to Exeter and beyond. The area is known for its picturesque surroundings, local amenities, and a strong community feel. Ideal for families and professionals alike, The Melford presents a great opportunity to enjoy Devon’s countryside lifestyle with convenient access to urban facilities.

Property Features

This property boasts a well-designed layout with practical features such as a fitted kitchen and dining area that opens onto the garden, ideal for family meals and social gatherings. The presence of an en-suite bathroom in the main bedroom adds a touch of luxury and privacy. Additionally, the cloakroom on the ground floor enhances convenience for guests. Ample storage space is provided under the stairs, helping to keep living areas clutter-free.

Rear GardenEn-suite BathroomFitted KitchenSpacious Living RoomCloakroomStorage Cupboard+1

Local Amenities

The Melford benefits from a range of local amenities within easy reach. Honiton Primary School and Honiton Community College provide quality education options nearby. Shopping needs are well catered for with Tesco and other local shops in town. For leisure and recreation, residents can enjoy the Honiton Leisure Centre and several green spaces perfect for outdoor activities. Dining options such as The Beehive Restaurant and community facilities like the library further enhance the lifestyle offering in this area.

Honiton Primary SchoolHoniton Community CollegeTesco SupermarketHoniton Leisure CentreThe Beehive RestaurantHoniton Library+1
Honiton Railway Station Train Station (3.5 miles, 10 mins drive) • 35 mins by car to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£290,000
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-
Get a personalised mortgage quoteCompare rates from 90+ lenders — free, no obligation
Compare Rates
Purchase Costs
Total Price£290,000
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

Moderate Opportunity
60/100
ChallengingModerateGoodExcellent
Peaceful rural setting
Limited direct transport links
Good potential for rental to local families
Longer travel times to major cities

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£290,000
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 £1,112/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£291,453
+£1,453 projected gain
5-Year Rent Forecast
£1,366/mo
Based on 4.2% annual growth
Price per Sq Ft£305
Annual Rent Income£13,344
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£291,453
5yr
£292,913
10yr
£294,381
15yr
£295,855
20yr
£297,338
25yr
Current: £290,000

Monthly Rental Income

Based on 4.2% annual growth
£1,366
5yr
£1,678
10yr
£2,061
15yr
£2,532
20yr
£3,110
25yr
Current: £1,112/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

Exeter St Davids
20 mins
35 mins
London Paddington
2h 45m (via Exeter)
3h 15m

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 Excellent
Evening Moderate
Main Bedroom
Morning Good
Afternoon Moderate
Evening Low

Location Scores

45
Walk Score
Car-Dependent
30
Transit Score
Some Transit
40
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£290,000
AvailableNB0000054836
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
127
1 plot(s) available
Ownershipfreehold

Request Information

By submitting, you agree that we may share your details with this property's builder or developer so their sales team can respond to your enquiry.

£290,000The Melford

Enquire About This Property

The Melford
The MelfordSouth Molton, Devon£290,000

By submitting, you agree that we may share your details with this property's builder or developer so their sales team can respond to your enquiry.

Property Assistant

Ask me anything