I remember I eventually won with the insurers and got £2k for my write-off 1994 Mk2 with 42k miles, thru' March to June 2010. It was a struggle.
This one might be a tad over-priced, has the cambelt been done I wonder at 88000 miles and 10 years ownership !
If it was £1k then I would say grab it but at £1750, well, maybe if it's absolutely outstanding and everything is up-to-date, like the cambelt.
And I do prefer my Mk3 too.
Malc