Thanks to everyone for your valuable responses! We don't like the greyish theme of the house which we would anyway paint if we make this our home so that won't be a major problem and probably applies to any house. Bathroom, I agree with you all, we don't like the carpet in the bathroom and its a no no for us as well. We will need to redo the bathroom as we don't like shower cubicle plus the carpet, I guess it would cost another 5000 for a wetroom.
Our major concerns were that it is on a slip road of the main road, there is a subway in front of the house to cross the road and a fish & chips next door but there is a road in between, its a mile away from the station. We have no problems with the house itself, it ticks many boxes for us! Our concerns are outside of the house and the cost itself, for some reason I am not able to perceive this as our forever house but maybe 5 years for now. This may well become our house forever but for now, I am not able to see beyond 5 years.
If for whatever reasons we want to make a move, will the property hold its value for the above-mentioned concerns. We found a property in the street behind with 5 bed, newly refurbished by builder sold for 505k, bigger than this in sq feet. So we feel that its priced high for this area and this would become the expensive house sold in that area for a long time.
I believe that the vendor hasn't found a place where they can move, would you offer a vendor who hasn't found a place to move and its chain being a first-time buyer?