First of, many thanks for the replies. Didnt expect to get some quick replies... Appreciate it..
Yeah I tried the train as is but sadly it didnt work :-(
When I queried the user in ebay from whom I brought it , he mentioned the following
"silly me, its running on a Digital DCC Chip, So even better, it will not work on anologue control, You have 2 options, Buy a Bachmann DCC Controller, Or go to your nearest model railway shop and have the chip reset to 3, Will not cost alot, With DCC Chip fitted worth a lot"
Since I dont know any better, I did go and reset the chip to 3. however the guy from model shop told me later to reset it in the controller too. BTW, I was told from the ebay owner that the addres was 005.
Hope that makes sense and thanks again for your advice.