It's a No. 1 Mk III* Lee-Enfield that looks to have been a nice old gun before it got butchered. The good news is that it could be restored as it looks like nothing has been done to the barrel or action. Personally, I wouldn't pay more than $75.00 for it, mainly because you are looking at another $100-125 in parts to make it right.
Today 07:55 PM
Springfield Sporters has stocks sets with metal included for $60.00.This rifle would be a great candidate for a restoration