I need a little help guys on a purchase of a bike, as many of ya know, im still getting into cycling and Im at uni (which means I dont have enough money for cycling) but some funds have rolled in. this is what im looking at

Why you ask? Because its local so I can go and have a look at it. Secondly whats the point of me getting an expensive roadie, when most of the improvements in my cycling will be from me improving, not from upgrades in components.
I also would be pretty scared in leaving an expensive roadie at uni, it only takes one thief to realise what it is.

What do you guys think? Am I misguided in my thinking?