Depends on the resolution really. If you are talking 1080, then yea it will work. I would add an SSD though. A 256 GB MX200 is a good entry level drive, I use the MX100 (the older version of the MX200) and love it.
I find running just a normal HDD to be painfully sluggish. It is very apparent when I use my mothers PC for anything. It really makes that much of a difference.
I should also add that you may want to use a more recent motherboard for your CPU. The H97 boards can be found for relatively cheap.