I have done exactly that , load bearing wall between tiny kitchen and living space , it's opened the area up , made it lighter and brighter , much more modern and fitting to the local area . It made much better use of the spaces involved and allowed a better kitchen to be installed . The quality of life is much better living in it now .
I did use building control under permitted development , had calculations done by a structural engineer, and builders followed all rules to the letter.
I sought advice from several local estate agents as to the estimated value of the property before and after work ( using several options of restructure before work commenced ) to ensure as much as possible that it would give the property an uplift in value
When you make structural changes and totally change the lay out plan of a property people will either love it or hate it , you simply can't please everyone and you have to do what you feel is best for you , see what sells well locally on right move , do your homework , compare property layouts and prices . Ask local agents advice as to what is in demand and difference in values