Can't speak for OP, of course.

Some time ago I got myself a similarly priced x86-64 Windows tablet on Amazon (Celeron N4020 + 4 GB RAM). I installed Linux Mint on it with a slightly customized kernel (some extra quirks were needed).

I connected an old SSD to it with a SATA2USB adapter, and I use it as a home file server and HTPC. It has a micro HDMI output, and it is connected to my TV. During the day it is playing music non-stop, in the evening it is playing some movies. It has no problem with high bitrate full HD movies, the CPU doesn't even break a sweat. I think it could also play 4K content, if I had any.

(Previously I used a Mac Mini with VLC for this for a few years, but I'm happier with my current setup, it's more stable)