Let’s break this down. It sounds like your main goal is to add space as you have a large plot, which sounds like a good idea. You could add a an extension along the back of the house to hold a kitchen and dining room and open up the wall to the current sitting room to make it part of the living space. Current utility stays as a utility with direct access from the new kitchen extension. Although if the roof isn’t great, it sometimes helps to knock down these things and reclaim the space. Current kitchen could become a utility and the dining room could be a second living area or or office. This way downstairs would be well proportioned with a seamless flow.
Upstairs definitely needs another bathroom and a dressing area to master bedroom, like you say. However if you add anything to the current layout, at least one, if not two bedrooms would become small and impractical. The most long term and wow solution would be to go up into the loft or make the single story extension into a double. With a double story extension you could have have 4 doubles with the master having a walk in dressing and an en-suite. If you go up into the loft instead, you would have 4 doubles and at least 2 en-suites, really future proofing the place.
In any case, £130k will not be enough. It looks an 8m wide kitchen extension alone will cost around £80k with all the fees. The rest would probably be enough for a basic renovation like reskimming walls, new flooring, updating the heating.
If you want to do everything you want, without going up into the loft or extending the bedrooms in anyway, you’re looking at around £250k. If you want to get the additional bathroom by extending upstairs, you won’t get much change out of £300k.
And it’s not a renovation you could do while living there. You could, but it would really impact your quality of life and test you in ways you didn’t think possible.
Sorry, it’s probably not what you wanted to hear. But with all that said, depending on the location you bought in, you could have an amazing finished product at the end which would be worth more than you put into it.