A Tanglewood was the guitar I got good on, I like them a lot. Looks like quite a small bodied thing (think: Ed Sheeran

), will probably be better suited to playing with fingers* than blasting through Wonderwall, so really depends what you want to do with it. If you primarily want to strum, you may be better off with a bigger bodied guitar which will give you a bit more response. If you want to learn to play more sophisticated styles, it may well be a great choice for you. Looks nice though, I'd have one; and if it's an acoustic guitar you want and you're reasonably confident that the guitar is decent, I wouldn't think twice about making the trade personally - cash value is to some extent neither here nor there when you're lumbered with an instrument you don't want any more

The only thing I'd caution is that, like I say, it looks like a parlour size guitar but it appears to have a neck joining the body at the 14th fret which is regular for most steel string acoustics but the 12th fret is more normal for a parlour size. May cause problems with intonation up the neck (basically: goes out of tune as you play on higher frets) since the scale length might be unusual, but I don't know for sure. Probably worth scanning a couple of user reviews (I wouldn't trust website reviews, they're all in manufacturers' pockets and Tanglewood are players these days) to see if there's any mention of intonation issues, even if you don't know what you're really reading for.
* or 'playing properly'
