Thanks for the replies.

Makes a lot of sense what both of you are saying. I have heard the wobble is normal but the noise certainly is bad. I must take another video of me turning the axel so you see that its definitely bent.

As for adjusting the bike after buying from a catalogue I think you're completely correct there. I never had anything adjusted properly and I'm not sure wether I should do it myself or take it to LBS.

I will have a look at those links and see what I can do.

Much appreciated for your input.