Is this laptop Lenovo V130 81HN00NGUK Core i5 7200U good?

I'm looking for a laptop with full hd screen (1080p) and is good for photo editing (Photoshop) but has price below £500… I found this Lenovo V130 laptop on internet but I'm not sure whether this laptop is good. This laptop has got 8gb DDR4 ram, i5 7200U processer, 256gb ssd, Intel HD graphics 620, 1080p screen…

So you wamt a mercedes Benz for the price of a Chevy sonic.

Yes, that should work well for what you plan to do.

It's good enough for anything as long as you don't plan on ever doing any gaming on it. Generally I would consider those specs the minimum I would consider for any laptop.

An i5 7200u is out of date and is only 2 core. You can buy a laptop for around £400 with an i5 8250U which is 4 core with 8gb ram. Be careful because having an SSD may bump up the price. Typically specs should be 8gb ram, 4 core cpu, HD screen, and any dedicated 2nd GPU. So look for a pc with i5 8250U or i5 8265U or i5 8300H with 8gb ram and even a simple mx150 gpu. Slightly out of date laptops(eg not so good battery life and with a CDrom drive) with one of those cpu's would be a better idea than a 7200U. You can look up any intel cpu on the ark eg search for "Intel ARK i5 8250U" to find out how many cores and other things.