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@readview
I don't think that it would have been built for 27's,more likely tubs(700c size),nice frame but it really depends how much you want it,i doubt you could re-sell for more than around £220 although i may be wrong.The zero bidder jacking the price is a bit suss though,maybe the vendor has a friend or another ebay account himself?
Best advice,just bid what you are happy to pay then walk away,if you win then good,if not,well you've probably saved yourself some regret later.