200 quid is a tad on the low side for an analogue rig (i.e. TT, arm, cartridge). Assuming you'll build the phono stage, try to find a used ProJect, Thorens, or Teres with arm. If need be, you can tinker with the Thorens and improve the sound.
A Linn LP12 would probably be more expensive. As to your choices, I wasn't charmed by the Systemdeck. Don't know the Michell, unfortunately.
A Linn LP12 would probably be more expensive. As to your choices, I wasn't charmed by the Systemdeck. Don't know the Michell, unfortunately.