Im sure you will get a wide variety of opinions on something like this.... general pictures online are hard to guage condition from .As a first boat..an older fg boat can be a very steep learning curve...there is simply a lot of places that water can get into ...specially rainwater from open storage...an old boat builder once told me he saw more boats ruined by
rainwater than seawater...look for water stain marks etc specially round the old mounting holes and corners etc....soft spongy flooring...blisters...anything like that needs to be poked and prodded in the first instance..
The simple truth is the hull looks old..the transom?? the stringers etc ..the trailer ..a motor??? If its a project then fine .....open up the floor and drill the stringers to see what they are like and if they have gone ...its a huge job ..but a contained learning adventure..and you have the choice to not do it!
If your looking for a boat to use on the water soon....there are a lot easier ways to do it and moneywise you will spend a lot on f/g supplies some equipment etc on this boat that could be put into a ready goer.Projects are generally not cheap and only worth doing if your sure you want to use that boat for years to come......generally people change boats early on a couple of times til they work out what suits them best.
All the same front on ....its quite an elegant hull shape.....