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Have a look at St Jude's! Just across the m32. Same basic house stock as St Werbs but a good bit cheaper and closer to the town centre too.
I bought a year ago a 3 bed in much better condition than that one for 226k. (but still total refit reqd)
Edit. Actually looking at the ad again I'd say that one is only a bit worse :)
@chrisbmx116 @konastab01 was chatting to the neighbours non-flue side and they were a really nice recently retired couple.
Also chatting to the guy over the road, who was a builder working on his own house. Spoke to him for about 30 mins about the whole thing. From speaking to both of them, the couple paid about 420 with the loft already done. And then spent loads doing more to it. So unfortunately I think it'll go close to asking price which would eat a lot of the do it up budget. Will keep my eye on it from a distance