The list price of £510,000 appears to be within a reasonable range considering comparable properties in the area, although there’s a lack of specific price-per-square-foot data for direct comparison. Several nearby listings show variation in both price and property type (bungalows, cottages, larger houses). The property’s condition and the size of the land are factors that contribute to its overall value. Given the market in North Devon, and the need for modernization, the price is likely competitive but not exceptionally undervalued.

The property appears to be in generally good condition based on the provided photographs. While there is some evidence of older décor and furnishings, the structure appears sound and well-maintained. However, the property would likely benefit from some degree of modernization in certain areas to fully enhance its current presentation. The kitchen and bathrooms, in particular, would possibly attract more serious buyers with some renovations or updates. Overall, it shows signs of being well-cared for but it would require some work to bring the property up to date.

The property is located in Georgeham, a village in North Devon. While not a major town center, Georgeham benefits from its proximity to Braunton and other amenities, along with the appeal of a quieter village lifestyle. The presence of a well-regarded primary school within walking distance significantly enhances its appeal for families. The lack of readily available public transport is a slight drawback, but the car-dependent nature of many rural areas makes this less of an issue for many potential buyers.

The property includes a garden of reasonable size for a bungalow in this area, offering outdoor space for relaxation and entertainment. While not exceptionally large, it appears sufficiently sizable for family use and the photos show a patio. This adds value to the property, particularly in a rural setting where such space is generally desirable.