Is this a good next generation gaming PC?

[pjo71099]

So I'm buying my first gaming PC and I've been told it can run next gen games, on ultra at a high fps. Is this true, if not, any recommended improvements?
Case COOLERMASTER CM690 III ADVANCED CASE
Processor (CPU) Intel® Core™i5 Quad Core Processor i5-4690K (3.5GHz) 6MB Cache
Motherboard Gigabyte Z97X Gaming 3: ATX, LG1150, USB 3.0, SATA 6GBs, XFIRE/SLI
Memory (RAM) 16GB KINGSTON HYPER-X FURY DUAL-DDR3 1600MHz (2 x 8GB)
Graphics Card 4GB NVIDIA GEFORCE GTX 970 - 1 DVI, 1 mHDMI, 3 mDP - 3D Vision Ready
2nd Graphics Card NONE
3rd Graphics Card NONE
1st Hard Disk 250GB Samsung 840 EVO SSD, SATA 6Gb/s (upto 540MB/sR | 520MB/sW)
2nd Hard Disk 1TB WD CAVIAR BLACK WD1003FZEX, SATA 6 Gb/s, 64MB CACHE (7200rpm)
RAID NONE
M.2 SSD Drive NONE
1st DVD/BLU-RAY Drive 24x DUAL LAYER DVD WRITER ±R/±RW/RAM
2nd DVD/BLU-RAY Drive NONE
Memory Card Reader NONE
Power Supply CORSAIR 450W VS SERIES™ VS-450 POWER SUPPLY
Processor Cooling Corsair H80i Hydro Series High Performance CPU Cooler
Extra Case Fans NONE
Fan Controller NONE
Sound Card ONBOARD 6 CHANNEL (5.1) HIGH DEF AUDIO (AS STANDARD)
Wireless/Wired Networking 10/100/1000 GIGABIT LAN PORT (Wi-Fi NOT INCLUDED)
Wireless Router/HomePlugs NONE
USB Options MIN. 2 x USB 3.0 & 4 x USB 2.0 PORTS @ BACK PANEL + MIN. 2 FRONT PORTS
Modem NONE
Firewire NONE
TV Card NONE
Power Cable 1 x 1 Metre UK Power Cable (Kettle Lead)
Operating System Genuine Windows 8.1 64 Bit - inc DVD & Licence
DVD Recovery Media Windows 8.1 (64-bit) DVD with paper sleeve

 

[Rahim Mushfiq]

Yep, me saying getting 600W is with all the components and few extra like more fans or hard drives and Overclocking.
The 600W will be enough and 1TB will be enough depending on how much storage you use and planning to use.

 

[zeyuanfu]

Actually 550 watts are more than enough if you only have one 970.

 

[pjo71099]

Hello again, with some of the money I saved, I was thinking, would it be worth upgrading my CPU?

 

[Rahim Mushfiq]

If you think you need to, the i5 you picked is very well built for gaming.