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@Hallsy
Won this Nigel Dean bike last night, hadn't heard much about NigelDean, but a 531 F&F with possibility of a few useable bits chucked in seemed like it should be worth £40....
http://img.auctiva.com/imgdata/7/5/4/3/6/0/webimg/478512473_o.jpg
Not 100% where to go with it until I get it, but originally I was going to convert to singlespeed, but thinking I might run it geared for a while first, unless the bits on there are no good. All looks like Exage 300, so not great kit but should do the job if still in working order.
Need to sort a wheelset out though or at the very least a front wheel (obviously!), just not sure what to go for. Don't want to spend mega money as want this to be a budget build to see how I get on with it.