Newbie £100 used bike on Ebay

[Albanbike]

I am looking to purchase my first bike for riding ocassionaly on a cycling track. I came across this Raleigh Pioneer on Ebay and was wondering if its any good. Right now I use a mountain bike which is heavy and I tire very quickly.
http://www.ebay.co.uk/itm/Vintage-C...1014852128?pt=UK_Bikes_GL&hash=item2c795f5620

 

[Gregcycle]

Looks like a winner at that price providing the new parts listed are indeed new! Seller has good feedback as we'll worth a view or further questioning!