You should have minimum 5 ft but 6 ft is ideal. I've played pool where tables are 4 ft from the wall and it is too close. The standard pool cue length is 57" and the draw length is about 6" so 5 to 6 ft would be ideal.

Absolutely amazing tables, exceptional colour & grain only achieved from using very very old heart timbers.

Thanks for the replies! My wife suggested we talk to a local real estate agent, so i think that is a good idea... just that Im not sure how helpful they are likely to be if we arent selling yet :) As for saving for our dream house, I dont disagree, however if doing this up nicely over the next ~5 years or so while we live here nets us some extra in the eventual sale, then that of course will help us as well. Interesting thing happened today actually. I got a knock on the door and one of the older neighbours asked if he could take some lemons from the tree. I of course said yes. Anyway he was telling me he had lived in the street for 40 years. I asked him if the house had always looked like this, and he said no that ~30 years ago the old old owner did a massive renovation and pulled off the timber and put up the bricks and gutted the inside of the house. Interesting stuff!

Wow! What an incredible view you have! I think you first need to frame it out. I would suggest changing out the carpet with hardwood floors with a worn or weathered look. Definitely get rid of the plastic and replace with white base moulding. Next I would paint the walls a color in the pale grey or grey/blue family. Next, I would suggest some crisp white sheers to frame each window. In the pictures, it looks like the Windows on the right are two windows wide. If so, I would also place panels in the middle of those 2 windows to continue framing the view. These are for decorative purposes only and not intended to distract from the view. It looks like there is a big space between two of the windows. I would locate a large architectural piece to place on that wall to add some interest. Remove all the small items from the window ledges. Finally, I would love a round table in that space. Good luck with your reno!