Yep those Spondon frames are a horn piece of kit alright!
I saw that one, but I don't know if I'd call it a bargain as it needs a lot of work to bring it up to scratch and that's without considering what the engine is like after 18 years of not being run.....
Wouldn't be hard to sink 4-5K into that bike just to get it looking good, so I'd hope for the new owners sake its mechanically ok.
I see there's another one on there now, guy is asking $15K for it but it's a bit of a bitser once you start really looking at it. I'd expect that this will end up being relisted at a lower price if he wants to sell it as $15K + is minter price range.
Bookmarks