What would make it unfit for purpose, if the basic building materials are still sound?
So, for example, my previous property was a victorian terraced house. Built to a good standard for its time from stone and brick. As built there was a bathroom off the kitchen, and an outside toilet. It represented a very good improvement in living conditions for its time.
However, for modern use and lifestyles the lack of car parking space, the loss of an upstairs bedroom for conversion to a modern bathroom and the inability to bring the property up to a modern level of energy efficiency were problematic (eg no possibility to insulate cavity walls, limited loft insulation space with low eaves, very draughty by necessity to keep damp at bay (eg vent bricks, underfloor cavities, draughts from unsealed joist ends into cavity, etc)). Additionally, a single-leaf brick party wall means that noise insulation between neighbouring properties is not at an acceptable level.
The point is that the houses were great when built but are not up to modern needs like cars, privacy and energy efficiency and can not be made so.
Older properties than that often have very low ceilings and doorways that are too low for a significant part of the population now (as people have got taller).
Who's to say that our requirements now will be right in 50-100 years time?