OK for spares I guess? For £550 I would predict something major wrong with it. Engine cylinder head gasket, wiring loom, automatic box failure, rear subframe, sills/ jacking points, electrical problems/ECU/ABS any of which would double/treble the asking price.
Makes you wonder if the prev winner discovered a major issue (or three) with it hence not paying... not all are fake bidders and this car really looks like it will have a few gremlins.