The asking price of £550,000 seems reasonable when considering the average price in the area. However, the property’s condition necessitates a significant investment in renovations, which should be factored into the overall value proposition. The average price per sqft in the area is £542, but given the need for renovation, the price reflects the potential after refurbishment.

The internal photos reveal that the property requires significant renovation. There’s evidence of damaged walls, dated fixtures, and general disrepair throughout the house. The bathrooms and kitchen appear particularly dated. Therefore, the condition is poor.

The property is located in Bishops Tawton, a village in North Devon. It’s a semi-rural location, offering a balance between countryside living and access to amenities in nearby Barnstaple. The property is within reasonable distance of schools and transportation links.

The property benefits from a decent plot size, including a garden and a large driveway with parking space. The aerial photos show that the property is surrounded by greenery, suggesting a private and spacious environment.