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Yes, I suspect that is looking most likely, my only fear is that I am in the office 8 hours a day, and given I am a middle aged man who drinks a lot of coffee, I will spend half my life getting up from my desk, walking through the kitchen and gym to get to the toilet...
I think when time comes to convert to a bungalow I would swap craft room to bedroom, gym to lounge, kitchen and bathroom make into a larger kitchen diner and then change office into bathroom, and smaller office. Hmm but then it’s a long way from bedroom to bathroom...
If it were me I'd have the second version with a galley kitchen with the shower room entrance from the gym. Doors either side of the kitchen (into office and gym). If it's an office you don't want to be disturbed by through traffic; gym less so. Jack and Jill bathrooms are a problem that no-one has solved perfectly.
Then if it gets converted to a house you have (from left to right): bedroom with door into lounge (was gym) with doors into shower room and galley kitchen, and then far side of galley kitchen is a door into the second bedroom (was office).