I've got one of these in a fetching mauve, with the Cro-Moly frame and prerequisite '90s plastic bits. Despite the low-ish spec it's a really lovely ride, all things considered.
I've got a massive soft spot for mine - it was my father's, and I remember his joy bringing it home from Halfords' Boxing Day sales back in 1997. I believe it was around £300 at full price, and came with a grey Raleigh branded frame pump - thrilling stuff. Sounds really expensive now, but with indexed GripShift shifters it seemed quite modern despite the relaxed, gentlemanly look.
I won't pretend it's the best ride in the world, and you'll definitely swoop through corners with all the agility of a tanker in treacle, but they're charming little bikes that are definitely underrated. Hope you've still got your 'mistake' and have found some joy from it!
