I will lay my cards on the table here: I know little to nothing about road bikes. However, my MTB is a bit of a hassle to just get around town, so I decided I would pick up something cheap, possibly to do up.
There is a local general auction that always has old bikes, so I popped down and ended up with this. For £30
I got home, pumped up the tyres and it goes! There are some issues with the rear cassette and rear wheel, and the headset is pretty stiff, but it pretty much works.
However, on closer inspection, I started to get a little suspicious. Firstly, the Raleigh sticker doesn't look original to me for some reason. It looks like it has been stuck on (badly) at a later date, and I can't find any old racers on google with similar sticker. Also, it doesn't have the sticker detailing the frame material. The Raleigh emblem at the front seems to have been stuck on with some pink gum at the front.
Another thing is that there appears to have been some extra welding done near the base of the seatpost.
However, for £30, I am really in no position to complain! I would just like to know a) what the bike is, and b) if it will fall apart
After reading this forum, I got a little addicted to doing up old MTBs, and I fear that this might be the same. I am planning new wheels/groupset if I can pick some stuff up relatively cheap. As it is just a runaround, I am contemplating single speed? Really don't know. ANy advice would be welcome!
As an aside, there was an old Bianchi at the auction. It went for £65, and I backed out of bidding for it at 60. I told my friend who is into road bikes and he told me I am an idiot. Is he right?
Any advice on what to do is welcome, as is identification!