You have at least bought the car for very sensible money. Some pay more than that to repair Nox sensors. If it were me I would firstly take it to a local Mot tester for a "pre mot" specifically to look at the rust and welding requirements. If it is really bad then sell it on. If it is repairable to a decent standard for a few hundred quid then I would investigate the running problem and see if that can be sorted for sensible money. The 2.7 lump is very good and if you can get it sorted for a total of £2k then you've done well. You will need to spend money on any 20 yr old car.
Btw it is unlikely to be the cause in this case.....but may be good to eliminate it ......diesel cars left unused can suffer from algae in the fuel - it is more common on marine fuel tanks, google "diesel bug". The algae will block the fuel filter.
Btw it is unlikely to be the cause in this case.....but may be good to eliminate it ......diesel cars left unused can suffer from algae in the fuel - it is more common on marine fuel tanks, google "diesel bug". The algae will block the fuel filter.