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Don't do it. You know what you're like. You'll be having the thing fully restored at an expense you will never recover before you know it.
Either leave it rusty or Buy some wire wheels for the drill, some Holts rust-killing undercoat and a rattle can of silver. Just make it good enough to sell on when you go to the states.
bq
Getting a quote to deal with the rust in all four wheel arches