Mine is running 11psi, no horsepower figures as yet, paid 2100 which included new wheels and tyres. It had a Ford Gearbox rebuild, and clutch 6000 miles ago. Mine has got a cosworth 4 pot caliper brake conversion on the front and rear disc conversion all quite new, its got newish Spax suspension and a new standard exhaust. The interior is totally standard and mint condition.

Sounds like you got a good deal.