This is a refurbished model from Tesco’s eBay outlet store. I bought a refurb model myself from the same store last year and found it to be in excellent condition. It looked brand new and came complete with the original packaging inside. That’s worth bearing mind over buying a console listed as preowned, which could be in any old used state. Plus this version comes with FIFA 16.
The cheapest brand new console I can find online is about £240, so this essentially comes with a free copy of FIFA 16. The console will also come with a full 12 month warranty.