Is it a friend? The 1900 is very desirable though the duff light is a pain - these can be fixed but taking them apart is tricky (actually to be completely accurate, putting them back together is the problem! )
The deck is a good simple one and the stylus could be retipped up to any level you wish. The speakers are also excellent - if they have the stands, they are worth more than £50 by themselves. I would give £100 for a fully working system such as this if in good condition, and would fancy that I had a bargain.