Thank you for your reply mate, you’ve saved me a lot of money and time. Cheers!Sadly it'll not be worth much, it's functional but low end kit. No point spending anything as you won't make it back. If it rides Ok, then give it a clean and a polish, stick an old seat on it and pop it on ebay or a selling platform for £50 or so and it could be a good Christmas present.
On the plus side, that looks like an original Hope seat quick release and if it is then you could see about £20 or so (or possibly more) for it as they are pretty sought after.