Dave,
£800 is a lot to pay for an at best mediocre machine that will only ever depreciate. – You' lose the VAT instantly.
What do you actually want to make ? what diameter do you need to be able to swing ?
I'd suggest that your money would be better spend on e.g. a used Boxford in fact anything that was well made & designed & in reasonable condtion will hold its value.
I'm not trying to put you off starting up but do bear in mind that the associated tooling and perhaps later a small milling machine are going to add significantly to your costs so you need to bear that in mind so that SWMBO understands this is the beginning & not the end of the outlay !
I know buying used is a worry – perhaps ther is someone in your area who can offer some advise or check a machine over with you.
If you decide to stick with a new Chinese ( probably) machine I'd advise you but from one of the more specialised sellers that advertise in the MEW – at least you will get service backup should you need it.
Keep posting if you have any questions
Tony