It is relatively unmolested...There are some missing parts, field stand, pillion seat and footrests, rear carrier, bag carriers, bags and y straps and perhaps more...
There are also a few incorrect parts, speedo, handlebar levers etc...
It looks like a good start for a project but I don't think I would want to start at that price...and personally I'd have no desire to ride it looking like that, though there are many who would like it that way...
It all serves to make me wonder what my own bike should be worth after the most thorough rebuild an M20 can have (including lots and lots of NOS parts like the forks, pannier carriers, most of the engine, much of the gearbox, new clutch, front wheel etc. etc.)...£8500?... 
...Ian
email (option): ian@wright52.plus.com
Ian Dont ride it you,ll only wear it out . Dave
It's going to get ridden...
Based on the time between rebuilds in the 29 years I've owned the bike I've calculated someone else will have to do it next time... ....Ian
email (option): ian@wright52.plus.com