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That looks quite similar spec to a Scott Octane that I was gifted recently: XT/LX mix. Those rear derailleurs are highly rated and the V-brakes might be decent if they're the ones with square profile springs that make adjustment reliable. Nothing wrong with Mavic 221 rims, although they're on the narrow side.
Be aware that those cranks (LX FC-M569) are odd. The large chainring (which is splined and fixed with a locking to the crankarm) is all one piece with the spider to which the smaller chainrings are bolted. Replacements aren't that easy to come by and can be pricey, since it's a defunct design and you're replacing the whole spider as part of the outer chainring. Therefore if the outer chainring is worn, anticipate replacing the chainset soon.
Overall, I'd say it's not worth £170 given that you're going to spend a bit getting it running well (fork, chainset, other bits and bobs)
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ffm
@meneer
does anyone know what this is? and is it worth £170? I’m in Belgium from Monday for a few weeks and may use it as an excuse to build an MTB into commuting / gravel / touring.
https://www.2dehands.be/a/fietsen-en-brommers/fietsen-mountainbikes-en-atb/m1597929360-mountainbike-aluminium-shimano-deore-xt-rstregelbare-vering.html?c=dc19031229f6638c93974e145c5889d4&previousPage=lr
(also WTF ads on that site...)
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