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The question really is is it worth it to you? £20 is not a lot of money and, assuming it functions properly, it will allow you to play records. Do you know the state of the stylus? If it need replacing I believe any 'P' mount will work. Its not going to be the best sound quality, but then you're not paying best quality price.
I'm not aware that it has a cult status so I doubt its value will rise.