Depends on the state of the house to begin with. And depends on the amount you want to revise the offer.
If it obviously needed work to modernize it then you should have budgeted new windows before you made the offer. As a seller I'd think you made an offer you had no intention of paying and if selling quickly wasn't an issue I'd tell you to go jump.
In the past, however, I've agreed to a lower price as wanted to complete but wasn't too happy. If a house is over 100 years old then trying to revise your bid down about stuff that obviously isn't the same standard as a new build is a bit late in the day in my view. It's stressful enough without being held to ransom in the last stages.
If it looks immaculate but turned out to be poor quality then I guess you have a case.