Is the frame worth that? The components arent. :/
In my honest opinion and as i own two X1's £200 would be tad high in the current build state, the frame looks very tidy. The other concern is that the Fork Brace appears to be missing two bolts!! I have messaged the seller to acertain what components are fitted sadly he is unable to provide this info as its how he purchased it from a gentleman who restores bikes.
To compare what your getting well a Full Susser BSO (Supermarket Special) can range from £100-£150, £150-£200 (An beyond) will get you a nice Retro Full Susser with original spec parts (Or as close to)
If you've got the parts to hang on this and a deal could be struck then it could make into a great bike
If i didnt have two already i would certainly be negociating with the seller.
"Would anyone else rather be doing something other than marching up and down the square????"