Would love to hear more details from the o/p before putting my size eights in but on the face of it, I'd steer well clear. As everyone has said, it'll end up costing, so you might just as well save/borrow and get a ready to go boat that is mostly a known quantity, and then just maintain and enjoy it. That first flourish of enthusiasm as you start ripping off all the old carp will soon fade... depths of winter, pouring with rain, cold, damp, trying to fit kitchen cabinets, run pipes, wiring etc etc etc. If you get something that is up and together, you could look forward to arriving at the boat, lighting the stove and getting the kettle on - rather than donning your overalls, lugging a bunch of materials down a muddy towpath (in the rain) and breaking out the tools (if someone hasn't already broken them out for you that is!).
Use the poor survey result as an excuse to try and get your deposit back - if not just cut your losses and walk away.