The definitive OTP ( Off-The-Peg ) List (<£500 and <£1,000 sections)

even less!

My GF had one of these, I've moved the parts onto a better frame since.

heavy frame, but parts are acceptable, sealed hubs and bottom bracket, decent cranks.

For £200, you could replace the tyres for something better.

http://www.ebay.co.uk/itm/Viking-Fixie-FX-Flatbar-700c-Road-Urban-City-Commuter-Bike-Blk-Singlespeed-/380787156192?pt=UK_Bikes_GL&var=&hash=item58a8aee4e0#ht_1881wt_1170

A mate from college bought one of these, I found the finish to be quite poor. I wasn't expecting anything very good though so if you have low standards then I suppose it would be fine. That's not a dig at anyone by the way.

At the end of the day, you pay for what you get and that really applies with bicycles. If I were you I would trawl the classifieds on here, gumtree, ebay etc. you should be able to find a nice and respectable steel conversion for 200 odd.