For sale Flat

2 ELLACOTT ROAD

EXETER, MATFORD, DEVON EX2 0AQ

2 beds 1 baths Listed 18 Jun 2026 (-139d)

£190,000

Guide Price

Reduced on 27 Aug 2026 · Was £200,000

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Property details

Tenure

LEASEHOLD

Council tax band

B

Last sold

£199,950 Dec 2023

Local average

£228,411 (-16.8%)

Deprivation

Decile 6 (19,765 of 33,755)

Street crime

35 incidents within 1 mile (Aug 2026)

Key features

  • Guide Price £190,000 - £200,000
  • TWO SPACIOUS DOUBLE BEDROOMS
  • MODERN OPEN PLAN LIVING SPACE
  • ALLOCATED PRIVATE PARKING SPACE
  • FULLY FITTED KITCHEN WITH BREAKFAST BAR
  • EASY ACCESS TO EXETER CITY CENTRE
  • POPULAR HALDON REACH DEVELOPMENT
  • COUNCIL TAX BAND: B

Additional details

Electricity
Mains supply
Broadband
FTTP (fibre to the premises)
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Accessibility
Lateral living, Wide doorways, Ramped access, Level access
Parking
Allocated
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No

Description

SUMMARY
Guide Price £190,000 - £200,000 A beautifully presented two bedroom ground floor apartment situated within the popular Haldon Reach development on the edge of Exeter, offering stylish open plan living, allocated parking and modern accommodation throughout.


DESCRIPTION
Guide Price £190,000 - £200,000 Situated within the sought-after Haldon Reach development on the edge of Exeter, this beautifully presented ground floor apartment offers modern and spacious accommodation ideal for first-time buyers, professionals, or investors alike.
The property comprises two generous double bedrooms, a contemporary bathroom, and an impressive open plan kitchen and living area forming the heart of the home. The kitchen is fitted with a modern range of wall and base units, providing ample storage and workspace, while a breakfast bar creates a sociable divide between the kitchen and living areas.
Large front-facing windows allow an abundance of natural light to flood the space, creating a bright and welcoming atmosphere throughout. The open plan layout provides plenty of room for both comfortable seating and dining, making it ideal for modern living and entertaining.
Both bedrooms are well-proportioned double rooms, while the bathroom is finished in a contemporary style and presented to a high standard.
Externally, the property benefits from an allocated private parking space, adding further convenience to this attractive home.
Combining modern design, spacious accommodation and a desirable location on the edge of Exeter, this superb apartment represents an excellent opportunity for a wide range of buyers.

Agents Note 
This property is still under NHBC warranty.

Communal Entrance Hall 
Buzz door communal entrance.

Entrance Hall 
Storage cupboard, wall mounted radiator, doors to all rooms.

Living Room 
Open plan room with large double glazed front aspect window.wall mounted radiator.

Kitchen 
Double glazed front aspect window, wall and base units, work surfaces, oven, gas hob and extractor over, space for washing machine and fridge freezer, sink unit, breakfast bar.

Bedroom 1 
Double glazed rear aspect window, wall mounted radiator.

Bedroom 2 
Double glazed rear aspect window, wall mounted radiator.

Shower Room 
Walk-in mains shower, low level toilet, wash hand basin, extractor fan,

Parking 
Allocated private parking space in car park to rear.


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

Exeter

Connells

Reference: 89882865

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~261 m² (0.06 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Listed for sale — £190,000 -5%
Sold 22/12/2023 (2 years ago) £199,950 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 32 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £335,000 27/06/2025 Semi-detached
Same street 62 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £395,000 11/02/2025 Semi-detached
Same street 12 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £213,500 24/05/2024 Flat
Same street 10 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £225,000 29/01/2024 Flat
Same street 68 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £364,995 30/01/2023 Semi-detached
Same street 78 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £429,995 22/12/2022 Semi-detached
Same street 54 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £357,500 16/12/2022 Semi-detached
Same street 52 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £354,995 16/12/2022 Semi-detached
Same street 42 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £370,000 31/10/2022 Semi-detached
Same street 40 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £377,500 31/10/2022 Semi-detached
Same street 46 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £367,500 31/10/2022 Semi-detached
Same street 48 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £347,500 30/09/2022 Semi-detached
Same street 50 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £347,500 30/09/2022 Semi-detached
Same street 38 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £339,995 12/08/2022 Semi-detached
Same street 20 ELLACOTT ROAD, MATFORD, EXETER, TEIGNBRIDGE, DEVON, EX2 0AQ £367,500 30/06/2022 Semi-detached

Street average: £346,232 (15 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6.2%
10y growth -3.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Teignbridge. Series: Flats and maisonettes. As of August 2026.

1y (index) -2.9%
5y (index) 1.5%
10y (index) 22.4%

Rental Range

Estimated market rent for Teignbridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £869/mo
Realistic £965/mo
Optimistic £1,062/mo

Based on Local Authority from postcode lookup → Teignbridge.

LHA (30th percentile) floor for Exeter: £793/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Snows Toyota Exeter 0.4 miles
Bus stop Matford P&R 0.4 miles
Shop Lexus Exeter 0.5 miles
Bus stop Yeoford Way 0.5 miles
Train station Marsh Barton 1.1 miles
Train station Exeter St Thomas 2.1 miles
University St Luke's Campus 2.3 miles
University University of Exeter Great Hall 3.2 miles
Hospital Dawlish Community Hospital 7.8 miles
Hospital Moreton Hospital 10.8 miles

Street-level crime

Category Count
Violence and sexual offences 18
Other theft 4
Anti-social behaviour 3
Public order 3
Burglary 2
Criminal damage and arson 2
Other crime 1
Possession of weapons 1
Vehicle crime 1
Total incidents 35

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Matford Brook Academy Other 0.1 miles — (No rating)
The Outdoors School Other 1.0 miles Good — 5 Dec 2022
Alphington Primary School Primary 1.0 miles Good — 27 Mar 2013
Exminster Community Primary Primary 1.4 miles Good — 13 Nov 2022
Exeter Pre-Prep School Other 1.4 miles — (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Matford, EX2 £1,100/mo 2 0.51 miles OpenRent
2 Bed Flat, Rosemont Court Church Road Alphington, EX2 £970/mo 2 0.94 miles OpenRent
2 Bed Terraced House, Church Road, EX2 £1,500/mo 2 1.16 miles OpenRent

Average rent: £1,190/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 6.9%
Cost-to-rent ratio 14.4×
Monthly cashflow £217/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).