Four of us in a two-bed house?

[WhatsGoingOnEh]

After my £&@%ing bitch of a seller just upped their asking price and I flounced off, another house has come up. It's in my favourite road, right by the kids' schools, with a huge 100' garden (long but narrow), two bathrooms and a beautiful eat-in kitchen. Victorian terrace. Cracking.

But two beds. We could almost certainly convert the loft down the line but not immediately as we'd need to save up.

There are two adults, and two boys (6 and 11). The youngest boy would get into a wonderful Junior school and it's right by my oldest son's secondary, where he starts in September.

It's right at the top of our budget. The seller's buyer had dropped out and she has to act fast or she'll lose the house she wants to buy.

We offered £5k over the asking price, and she's said £5k more and it's ours. There were 4 more viewings tonight, so this might be too late anyway. (Although I doubt many other buyers will be in as good a position as we are to proceed quickly - we've already sold and are in our parents' homes ready to go.)

Would we kill each other in a two-bed terrace? Is it simply too small?

We're going into a similar situation, 2 kids - boy & a girl, moving into a 2 bed house - but the location (albeit down the road & round the corner!) is 100% better than where we are now and planned thoughtfully, we can turn it into a three bedroomed house, there's the main bedroom which is huge so that can be split or we're thinking the loft. Failing that there's two outhouses

We've had an electrician come & look around to check all the electrics before signing contracts & he's also a builder by trade and he gave us an idea with the larger bedroom too.

We're in an area where our budget will not stretch to a 3 bedroomed house, we simply wouldn't be able to get a mortgage for that. And we like it here, kids are settled so don't want to move out of the area.

Ultimately if you know you can do what you need to with the house & you know you'll be happy there, it's worth it & go for it ;)