Is 10k under the asking price fair if the property needs new kitchen and cosmetic changes?

This is in south east england.

I am looking at a propery listed as 'offers over' 190k for a 1960's 2 bed maisonette flat. The property has been cleaned up, white paint walls and a fresh repaint on the kitchen but has a few dated or just concerning features I would need to change:

• tiled floor and walls downstairs which would be expensive to remove and require walls plastering.
• kitchen is in poor condition requiring new appliances with a wall cabinet (with an oven mounted within it!) Covering a window???
• new carpets required upstairs
• very dated bathroom with visably yellowed suite and old electric shower.

Considering the flat above which has been renovated to a high standard and sold for £200k 3 months ago I don't believe its unfair to offer below asking. Whilst its in a very good location the flats in the building generally sell for 180-190k with a few going for much less due to poor condition.

Am I mad to do this?