# 3 bedroom semi-detached house for sale (EX36 4FJ) ## Property Details | Key | Value | |-----|-------| | Address | 6 OAKTREE ROAD, SOUTH MOLTON, DEVON EX36 4FJ | | Price | £265,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | C | | Last sold | £260,000 Aug 2023 | ## Description ABOUT THE PROPERTY 6 Oaktree Road is a smartly appointed and spacious family home providing three double bedroomed accommodation arranged over three floors. The property is just over 3 years old and carries the remainder of its NHBC warranty. The property benefits from an adjoining driveway and good sized garage with utility to the far end. A further parking space is located behind the garage. The garden is divided over two levels with an elevated paved patio and a lower lawned garden with rear access. Inside this modern family home is an entrance hall, large living room, open plan modern kitchen/dining room with patio doors to the rear and a ground floor cloakroom. On the first floor are two good sized bedrooms and family bathroom. The second floor is a large master bedroom with en-suite shower room all enjoying lots of natural light. The property also benefits from double glazing, a gas fired central heating system and is designed to be highly energy efficient. For layout and approximate room measurement please see the enclosed floorplan. Virtual Tour Available. THE AREA South Molton offers an excellent range of everyday services including shops, schools, restaurants, and bank, together with a Sainsbury's supermarket, health centre, recreational facilities and cottage hospital. The town also enjoys a traditional country pannier market twice weekly. SERVICES & OUTGOINGS The property is connected to all mains services North Devon Council - Band C (Approx. £1,929 per annum). EPC Rating - B Tenure - Freehold DIRECTIONS From South Molton head west on the B3227 (West Street). Continue straight over the two mini roundabouts and turn left at the third roundabout into Oaktree Drive/Honeymead Meadow. Number 6 is on the right hand side after a short distance. DIGITAL MEDIA LINKS What3Words Location - ///grapevine.bypasses.state VIRTUAL TOUR AVAILABLE Council Tax Band: C (North Devon Council) Tenure: Freehold ## Property Photos - ![Photo](/listings/photos/125865473/1342035) - ![Photo](/listings/photos/125865473/1342039) - ![Photo](/listings/photos/125865473/1342040) - ![Photo](/listings/photos/125865473/1342042) - ![Photo](/listings/photos/125865473/1342044) - ![Photo](/listings/photos/125865473/1342047) - ![Photo](/listings/photos/125865473/1342049) - ![Photo](/listings/photos/125865473/1342051) - ![Photo](/listings/photos/125865473/1342053) - ![Photo](/listings/photos/125865473/1342054) - ![Photo](/listings/photos/125865473/1342057) - ![Photo](/listings/photos/125865473/1342064) - ![Photo](/listings/photos/125865473/1342069) - ![Photo](/listings/photos/125865473/1342073) - ![Photo](/listings/photos/125865473/1342076) ## Floorplans - ![Floorplan 1](/listings/photos/125865473/1342081) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/125865473/1342083) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £260,000 | 04/08/2023 | Terraced | | 6 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £226,000 | 29/03/2019 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 35 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £290,000 | 19/12/2025 | Semi-detached | | [Same street] 9 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £250,000 | 28/11/2025 | Terraced | | [Same street] 92 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £350,000 | 28/03/2025 | Detached | | [Same street] 90 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £345,000 | 28/03/2025 | Detached | | [Same street] 61 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £375,000 | 21/03/2025 | Detached | | [Same street] 67 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £340,000 | 05/02/2025 | Detached | | [Same street] 18 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £275,000 | 03/01/2025 | Semi-detached | | [Same street] 34 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £129,309 | 09/08/2024 | Flat | | [Same street] 3 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £330,000 | 19/04/2024 | Detached | | [Same street] 21 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £345,000 | 13/12/2023 | Detached | | [Same street] 36 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £296,000 | 25/11/2023 | Terraced | | [Same street] 5 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £300,000 | 28/04/2023 | Semi-detached | | 52 NADDER MEADOW, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4BR | £237,340 | 22/11/2022 | Semi-detached | | [Same street] 10 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £270,000 | 07/10/2022 | Semi-detached | | [Same street] 20 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £340,000 | 21/09/2022 | Detached | | [Same street] 38 OAKTREE ROAD, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FJ | £260,000 | 14/04/2022 | Terraced | | 10 MAGDALENE WAY, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FH | £247,950 | 30/09/2021 | Semi-detached | | 9 BLUECOAT CLOSE, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FF | £224,950 | 27/08/2021 | Semi-detached | | 8 BLUECOAT CLOSE, SOUTH MOLTON, NORTH DEVON, DEVON, EX36 4FF | £224,950 | 27/08/2021 | Semi-detached | **Street average:** £299,687 (15 sales) **Area average:** £233,798 (4 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £261,346 (13 Semi-detached, EX36, 2024–2026) - **Deviation:** +1.4% ## Rental Range *ONS Price Index of Private Rents (North Devon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £761/mo - **Realistic:** £845/mo - **Optimistic:** £930/mo ## 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 | |------|------|------|------|------| | 3 Bed Semi-Detached House, Nadder Meadow, EX36 | £1,075/mo | 3 | 0.11 miles | OpenRent | | 3 Bed Semi-Detached House, West St, EX36 | £1,250/mo | 3 | 0.32 miles | OpenRent | **Average rent: £1,163/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £145,375 - **Target investor price (1%):** £116,300 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,163/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 19× - **Monthly cashflow:** £-22/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.3% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 7.8% - **10y growth:** 34.7% ## House Price Index (HM Land Registry) *Official index for North Devon; Semi-detached series; as of April 2026.* - **1y growth (index):** -2.2% - **5y growth (index):** 10.9% - **10y growth (index):** 37.7% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)