£500-£600 Gaming PC Build

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Hello, i am planning on building my own gaming PC because it is cheaper, but i have had no experience before when it comes to buying parts. so i want to know a good rig for a £500-£600 Gaming PC, i want something around the lines of a i5 but not sure what else. So anyone got any good suggestions or rigs :??: :)
 
PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Core i5-3470 3.2GHz Quad-Core Processor (£139.99 @ Aria PC)
Motherboard: MSI Z77A-G41 ATX LGA1155 Motherboard (£63.32 @ Scan.co.uk)
Memory: Mushkin Blackline 8GB (2 x 4GB) DDR3-1600 Memory (£30.60 @ Aria PC)
Storage: Seagate Barracuda 500GB 3.5" 7200RPM Internal Hard Drive (£40.20 @ Aria PC)
Video Card: Asus GeForce GTX 660 Ti 2GB Video Card (£220.52 @ Scan.co.uk)
Case: Cooler Master Elite 430 ATX Mid Tower Case (£36.67 @ Aria PC)
Power Supply: XFX 550W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply (£49.98 @ Novatech)
Optical Drive: Lite-On iHAS124-04 DVD/CD Writer (£12.92 @ Scan.co.uk)
Total: £594.20
(Prices include shipping, taxes, and discounts when available.)