Well like any 80s car at that mileage it will be a little but tired unless meticulously maintained so expect suspension etc not to be in the first flush of youth. The engines are very durable however, unless it has already had some work done, I'd say that the original big end and mains will be worn through to the copper so ideally a general refurb would be a good idea, the 2 litre crankshafts are very durable so as long as it has been serviced regularly and there are no signs of nasty noises I would expect the crank to be ok, however bear in mind that it is impractical to re grind 2 litre cranks as they need surface hardening afterwards. Even if it seems to run fine and dandy I would suggest it needs a rebuild it is too late to keep running it until nasty noises start! (Others might disagree but at that mileage I think better to err on the side of caution) Check the body and repairs, never take it on trust that repairs were well executed, if they are ok it sounds a decent enough buy to me.
