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I was keen also. It’s sold before at £280 but was relisted with a BIN and a reserve of something. I messaged whether the stem and seatpost moved freely and part of the response was “it’s a integrated seatpost” it’s down in New Cross and I’m in E17 otherwise might of gone and had a look. Tbf for £400 it’s good value imo. It’s whether the fella is legit as you say.
If this isn't nicked (?) then £400 seems a pretty good price
https://www.ebay.co.uk/itm/AA-Special-Gazelle-Road-Bike/362978661995