As it's a manual, that removes the big stumbling block with the V70.
The D5 motor is very strong. A bit complex because of the twin-turbo set up but the blowers are robust, most problems seem to be niggling vacuum leaks from the various hoses and solenoid actuators which govern the turbos. Main dealer service history shows its had its oil changes on time.
As a 2011 car it will have a DPF, and if it's never been replaced it will be approaching the time when it will be full of ash, so I would check to see if it ever has been replaced and if not, haggle accordingly.
Get a price on the cambelt service too from a Volvo main dealer and price that in to your calculations. If I remember right the accessory drive belt should be done at the same time, I believe the accessory belt can take out the cambelt if it fails).
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