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System SKU LENOVO_MT_80NT_BU_idea_FM_Lenovo ideapad 500-15ISK
Processor Intel(R) Core(TM) i5-6200U CPU @ 2.30GHz, 2401 Mhz, 2 Core(s), 4 Logical Processor(s)
BIOS Version/Date LENOVO CFCN21WW(V1.03), 10/08/2015Bluetooth Core Specification 4.2
Graphics = AMD Radeon R7 M360 and ?
GPU 0
Intel(R) HD Graphics 520 Driver version: 21.20.16.4627 Driver date: 09/03/2017 DirectX version: 12 (FL 12.1) Physical location: PCI bus 0, device 2, function 0 Utilisation 2% Dedicated GPU memory Shared GPU memory 0.2/5.9 GB GPU Memory 0.2/5.9 GB
GPU 1
AMD Radeon(TM) R7 M360 Driver version: 15.201.1001.1002 Driver date: 14/08/2015 DirectX version: 12 (FL 11.1) Physical location: PCI bus 1, device 0, function 0 Utilisation 0% Dedicated GPU memory 0.0/2.0 GB Shared GPU memory 0.0/5.9 GB GPU Memory 0.0/7.9 GB
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So you have integrated Intel HD graphics on your i5, and a dedicated AMD GPU as well. It's normal to have a driver for each, and it's normal on a laptop to use the integrated graphics except for apps that really need something with more grunt (and for which you don't mind using some more power, especially if you're on battery).
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If you like it and can upgrade cheaply then that's probably worth it assuming you don't care much about battery life.
I'd probably go cheaper on the SSD, it's not going to make much difference having something fractionally slower. Something like this https://www.scan.co.uk/products/480gb-wd-green-wds480g3g0a-25-7mm-ssd-solid-state-drive-sata-30-6gb-s-max-read-545-mb-s
And depending on what you want it for, as Duncs said, WSL is good for Ubuntu.
I guess the first question is whether it's actually worth it? Modern laptop processors are far more efficient so much cheaper to run/much better battery life. Also better screens pretty often. What laptop is it?
You should be able to boot up from it if you put it back in. Only issue may be Windows licensing throwing up issues if you use the same key for your new install.
Booting from one of those caddies will probably fail. Personally I'd clone the hard drive and run it in a virtual machine if you ever need anything from it.