Which would you prefer?

If you were looking to invest £50,000 on a place to live would you do what you're told and lower your asperations by going for this or would you break the mold, demand value for money and get something like this instead?

Until the housing market comes back out of cloud cuckoo land, I have no intention of entering it. My parents brought me up (and my two older brothers) in a four bedroomed detatched house on a single income (although my mother did return to work when I got older). How many people can afford to do that now?