It's impossible to say without knowing what your going to be using it for.
general use, the battery is the first to go on laptops, around 2-3 years before it needs replacing, so depending on the company that refurbished it, they might have replaced the battery (hope they did, their expensive) and you'll get 2-3 years out of it, or the battery is used, so anyones guess on the life of it.
Lenovo also have a battery program that may double the life of the battery, depending on if the previous user used it, you might get a few more years out of the battery.
the HDD is next to go, you'll have on average use, 5-6 years (that's around 4-7 hours a day use).
if you have the one with the Intel HD 3000 graphics, it should be okay for light-moderate gaming, it also has a decent CPU.