I know exactly what you mean by not enough space.
For years, I went shopping with a friend who was always trying to save money. He alerted me to every record sale, and we went shopping. The problem with sales is that the temptation to buy "unknowns" is too great because the price is right. Most of the time I should have left the unknown remain unknown.
Not until recently did I discover I had accumulated records I never play because I recognize the duds on sight. Nobody likes to throw away records, but once I realized they were simply occupying space, I bit the bullet and found an empty trash can. (you may not have that problem)
Today was a good day, I have been enjoying the fruits of my labors; listening to the vinyl from the hard drive playback (can't tell it from dropping the needle in the groove, but I had a lot of help getting things this way) When getting up and down is no problem, I know dropping the needle in the groove is more fun, but under the circumstances, I don't miss it.
It's a real groove for me to listen to one killer after another without getting up.
I thought about that upgrade thing you mentioned; they are always a lot more work than you anticipated, plus, after all these years of "upgrading" our rigs sound pretty decent.
Enjoy the fruits of your labors.