I'll join the chorus. The mileage is providing for some good marketing copy for the auctioneers (who lets face it, most of the time borrow from the same descriptive playbook as estate agents!), but their own condition report paints a picture of a car that needs a lot of work. Thus, the price looks weighted to the high side for a car that needs full mechanical overhaul, bodywork and paint.
It may only have 8k on the clock, but likelihood is that engine still needs popping open and going through thoroughly, along with everything else, so it becomes little different to a car with 50-100k on it, all else being equal.
So - fails to make its estimate or reserve (if there is one)? Gets bought and flipped for a daft mark up (with or without some remedial work)? Someone actually buys it and does it justice but at great personal expense?
I'm getting so cynical.