I agree that it is most likely to be the head gasket - broken or chaffed internally between two (or more) cylinders. This is expensive to replace. It is also expensive to ignore (if it is the head gasket). BUT, because you have no car history, it may just equally be that the coolant has been topped up with all sorts of antifreeze mix over time and/or contains rust. Either way, it is probably knackered anyway. So, assuming that there's no other problems, what I'd do is first get a compression test done - this would indicate (among other things) whether the head gasket was OK internally. A local garage should be able to do this. If compression OK I'd next drain and flush the coolant system and then refill with fresh coolant. I'd not use the more common blue antifreeze as this makes discolouration difficult to see, I'd use a red or pink coloured antifreeze. Then I'd check carefully whether the level and colour is maintained over a period of time, being very attentive when I drove and at the first sign of problems - into a dealership for a head check.
Best of luck