Looking to buy 7yo first sim racing rig

Hi

My son is obsessed with racing and he wants a wheel, I thought I'd get something decent that could last a while. This is on PS5 if it makes any difference (so sadly triple monitor etc isn't in scope).

I was thinking due to space/aesthetics I won't go 8020 although I know they are more flexible - I don't expect there to be much extra customisation.

For fit/adjustability/integrated monitor stand position, what is good for both kids and adults?

I was thinking: 1. TR8 Pro 2. Playseat Sensation Pro

Was maybe then going to pair it with the Logitech Pro series Steering wheel/pedal/shifter. I wasn't sure about Fanatec due to their financial struggles, could consider simucube/asatek or is that overkill?

Budget wise I'm flexible but obviously not looking to spend 10k if 2-3k will get me 80% there.

Thank you