Just spotted
this vintage Pug road bike on Gumtree in Oxford for £250:
View attachment 541640
Looks like a reasonable-enough spec with some modernish components; looks like a 12sp (so mid-80s to mid-90s..?) converted to 16sp; since IIRC the 6, 7 and 8 speed setups all use the same 126mm axle spacing.
I nice looking bike but IMO one that's sat in a bit of a no man's land in terms of both spec and price. Too nice / pricey for a utility hack, not nice / original enough to justify as a collectable and a bit archaic to use as an alternative to a more modern road bike. Budget tourer perhaps..?
I guess with that 8 speed cassette fitted it's potentially only a pair of used shifters / new Claris items and a FD away from running STIs, which is a thought!