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There is a lot of this kind of stuff around on the used market, and the difference whether it's worth not much, or 50, or a lot more very much depends on what lenses they are exactly and what condition all of that stuff is in like I said.
Put it another way: if I would be in the market for a camera like that I'd like one in proper good nick with proper nice lenses, because otherwise the whole endeavour wouldn't be worth it.
I'd want to see detailled photos of all the items that show me exactly what I'd get, and that it's not got broken light seals in the camera, fungus in the lens etc.
got a macro and the fixed 50mm lens, also the telephoto is I believe 70mm - 210mm. The flash is original the om series plus a master and sync slave flash. Various filters (uv, lateral polarised, sky etc...) also some fade filters - all kinds of crap really. Probably zuiko lens I'd assume. But he's very much a James may kind of person so when he's says good condition I'd think it's very good condition.
Ok I'll let him know £50 isn't enough more towards £80?