Anyone know what this is? Sort of looks interesting for £100..

Well its got:

Mountain LX chainset and mechs
Deore thumbies
Steel flexstem
Tange struts
What look like XT 730 pedals(?)
lx/deore brakes?
730 or mt60 brake levers WITH HOODS!!!
probably araya rims on shimano

I'd say it was worth risking £100 all day, if the frame is nothing decent then there is plenty of value as a parts donor.

I'd have it if it were local
 
It is unusual and tidy looking. Wouldn't be an instant buy at £100 - but you could do a lot worse and I doubt you'd lose anything if you parted it out. Or if you just wanted an alternative to a halfords special for commuting etc, then that's where the real value is. Nothing new at that price or double would come close.
 
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