"Any other ideas"?, yes, save up some more money, at least double!.
Yes, you could get lucky at £2.5k, but of the type of (performance) cars in that price range, most are going to be absolute tat. If you have enough time and endless patience to sift through the rubbish, you might find a gem.
At a push, if i could find a decent one which hasn't been thrashed and abused to within an inch of its life, maybe a 7th gen Toyota Celica (1999-2007). Two power outputs available, 140bhp in the VVT-i or 189bhp in the VVTL-i, but don't dismiss the lower powered version without trying it, they are light cars.
At £2.5k, surely Toyota reliability is going to be more reassuring than most other non-Japanese options?.
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