4 litres of "Metal Gleam is about $46. Will bring the topsides up like new and recover the teak in the cockpit. The gelcoat on the hull looks pretty good and I would pay a shipwrights team to compound that and polish. Take this opportunity to sew up a new stackpack. The saloon cushion looks bad but I could live with that for awhile. Hopefully that is the engine cover in the forward section of the saloon. I'm a real fan of centrally mounted engines now!
If you bought that for 5 grand you will have done well!

You could turn it's keel into a couple of thousand dive belt weights and sell them on .

How does this design compare to the Defiance 30

I missed out on a US built SS 30 Yankee once, and I loved the wonderful engine and drive train access. The other good thing was a lead stub keel, bolted-on with bronze bolts. Having seen a shiny 120 year wreck old bronze prop shaft underwater, I have great faith in bronze compared to SS for keel bolts. Don't know if Swarbrick used bronze, but easy to check.
IMHO a good buy if you have the time.

The 30's skippers often claim they are faster downwind than the 34 s . Maybe a longer waterline length??
The Swarbrick 30's keels have stainless studs holding them on.,, With windows cut in the the lead keel to access nuts, same as the 34s ,,
3/4 BSF 12 tpi