Never seen an older British Eagle before, it's not too bad really.
Surprisingly light (relatively speaking) ,bad surface rust in a couple of places though. It hasn't had a lot of use really, just been left in a garage most of its life I suspect.
My first thoughts are to keep the nice ITM bars&stem, headset and cranks and dispose of the rest.
I can only really get interested in 80's bikes now, later bikes don't 'do-it' for me any more .