I had a 2001 model, it was the 170bhp one which IIRC has a silver V and a red 5 in the V5 logo.
It was great, more of a 'cruiser with a bit of power' than a 'sports hatch'. I used mine contracting and did about 40k miles per year (I bought it just before changing jobs and liked it so didn't bother selling it for a while), I could average 40mpg+ on long runs most of the time if I was reasonably gentle on the throttle.
Mine was bombproof, aside from the drivers electric window which kept failing and falling out until I bought a new mechanism, but that was a generic Golf issue. I had a wheel bearing wear out at about 100k miles, but that was it. Parts are very cheap, as they are common with lots of other VW/Audi/Skoda/Seats. If you use independant garages servicing costs are pretty low too.
It was quite relaxing to drive, it had plenty of torqe so overtaking in top gear was easy/normal.
I kept mine for 3 years, which for me is a long time for a car as I'm usually super picky, so it can't have been too bad. It even survived being t-boned by a chav, in a crash that wrote off his Saxo but only put the Golf in the body shop for a fortnight.
As others have said, if you prefer sporty, a 1.8T GTi is probably going to be more fun/tunable etc.