I bought mine (admittedly not a 1*2, see left for details) on 38k, 11 years old with not a single bit of history, so a gamble. Barring needing the belts doing, or at least doing them as a precaution and 4 new tyres, it's not "needed" anything doing. I've done stuff to do it off my own back but I wouldn't count those as an issue with no history. It didn't even need tyres, I chose to change them because they were cheapo Chinese things and I was skidding about in the rain at work. Good fun but not great when I've got no car and no job! :smile: There's still a good 4-5mm of tread on them though, they're just all round awful tyres.
It's had a new head unit, new windscreen, new wipers, oil change, brake/fluid change (to be fair one disc was slightly warped) new LEDs inside and a set of mats, but these were things I chose to buy rather than "if I don't replace that it'll fail an MOT/be dangerous".
I've put 5k on it since November '14 and it's been fine.