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I mean that really is what it boils down to. It does look like ex LA housing. I think the fact you've raised it as a point of contention might mean it would play on your mind? Who knows. House buying and selling is bloody stressful so don't make any rush or knee jerk decisions. If you don't go for this one something else will likely come up for sale that you could make a good fist of.
princeperch
The first floor window baffled me - but they've carved up what was formerly a full-width bedroom to allow for a first floor bathroom, and put the stud wall where the window used to be.
The views and light from the back of the house are incredible (south-west facing over allotments, a canal, a floodplain and distant hills), and the (also very ugly, from the outside) renovations make full use of this.
It's hard to think that our big once-in-a-lifetime move out of London could end up with us living in what looks like a council house in my northern hometown, but the location isn't quite the same I suppose.