If you are looking to buy this for yourselves or as a gift you are not going to get it at this price anywhere so jump to the chance! Looks like a glitch as original RRP is around £529!
There are lots of other watches and sports band which seem to have been reduced.
Apple Watch Nike Series 5 lets you track your workouts and listen to Audio-Guided Runs with the Nike Run Club App. You can listen to music and receive encouragement from friends right on your wrist. And there are exclusive Nike watch bands and watch faces optimised for the Always-On Retina display.
Features
Space Grey aluminium case
Anthracite/Black Nike Sport Band (can be configured for either S/M or M/L length)
Nike watch band with 40mm case
GPS
Always-On Retina display
30% larger screen (compared to Series 3)
Swimproof*
ECG App**
Electrical and optical heart sensors
Built-in compass
Elevation
Emergency SOS***
S5 SiP with up to 2x faster 64-bit dual-core processor****
watchOS 6 with Activity trends, cycle tracking, hearing health innovations and the App Store on your wrist
Exclusive Nike watch faces
Big shout out to Jagsingh29 for finding
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Chief Bargain Hunter