The city I live in has a real problem with students abandoning their bikes when they leave, thus there is a ready supply of bikes that need fixin'! I've been wanting to learn how to do bike repair, but my Gazelle Esprit is too darn reliable :).
So I've picked up an abandoned ladies Peugeot Monaco. Not much to look at, typical late 80's or early 90's 5 speed road bike in black and grey. I was going to keep it for myself, but I think it's a bit small.
What needs fixing:
[X] Rear flat (patched with free patch kit): £0
[X] Broken front fender, removed: £0
[ ] Tighten loose headset: £0
[ ] Saddle cover pulling away (going to Gorilla Glue it): £0
[ ] New tires (old ones have cracks in the sidewalls): ~£20
[ ] New shifter and brake cables: ~£10
[ ] New bar tape: ~£5
Projected cost of bike + repair: ~£35
Projected sale price: ~£80-100
