The Lightening would have been a real dog of a low altitude strike or close support aircraft, very unsuited to the role - poor payload to range performance etc. as it had to feed those 2 Avons in the thick air, expensive and time consuming (pity those poor theoretical maintainers) for relatively limited capabilities, likely relatively high casualty rates (in peace time) if continually operating in the low altitude attack role.
Little better capability than a Hunter but far more expensive, significantly inferior than a Jaguar but considerably more expensive.
Comparable to a F-104G in capabilities but much more expensive to buy and operate.
Very inferior to the F-4 in the strike role and the air to air role if/ when switched back, and likely just as or more expensive.
Potentially a British Su-7 (and very much not in a good way).
Do you hany statistics to yout support cost, attrition rate, and range/payload performance assertions?
I happen to have sympathy with the idea that the Lightning was ill-suited to a low-level ground attack role, but it's hard to see how it was much less suited than the Mirage III/V/50 or the F-104, which together constituted a large part of the non-communist and non-US world's strike capability in the 1960s and 1970s.
That said, EE/BAC came up with a range of proposals for providing an attack capability in the Lightning, such as the proposal to Australia that included an extended ventral pack providing a weapons bay able to carry 1,000lb bombs, or a recce pack, and a doppler navigator. IOTL the AI.23 was given A2G modes and the Saudi's actually used the type in that role. RAF Lightnings performed low-level intercept missions in both Germany and the UK. The radar was effectively useless at low-level interception but it should have been possible to provide terrain clearance functionality - this was proposed to the Australians.
As for cost, it was a supersonic, single seat, twin engined aircraft, rather like the Jaguar. The airframe, engine and flight systems development cost was sunk, so development would be limited to nav-attack systems (mostly developed anyway) and production could have used the existing line. All rather hard to align with "considerably more expensive" than the Jaguar. And I say that as someone who thinks the Jaguar was an interesting aircraft even though its full potential was never fulfilled.
One potential alternative history could be: In 1953 the Air Ministry chose to proceed with the EE P.6/2 (approximately 20% more internal fuel than the IRL Lightning) as a day interceptor over the P.1. In 1959/60, when it became apparent that a replacement for the Hunter FGR.9/FR.10 was required as a simpler and shorter ranged complement to TSR-2, an attack variant of the P.6/2 including an appropriately scaled version of the ventral pack proposed to Australia, was put into production.