Yes. For clarity - I want to restore it, but funds are not at present available. The purpose of this thread was to get more input into the decision; I don't want to miss anything obvious and not consider it.

It is currently dreadful in terms of the paint finish; a previous respray some years ago has decided to react and generally behave as if it wants to go on holiday.

Underneath it's 'sound' in that it just passed an MOT, but it has patches of surface rust, areas of deeper structural rust, and of course the cumulative accident damage. There are also all the obvious things, even though they've been changed in the past: bearings and bushes, brake cables and pipes, suspension parts, engine compartment loom connectors, and of course the engine itself - even if that turns out only to be a case of new bearings and rings and a bit of spit and polish.