• Good on you if you manage to do it for 150GN.
    I tried this a couple of years back and including the price of the frame and "nothing fancy" parts, probably cost closer to 300.

    Sounds like you've got a better frame than I had for starters, you may be lucky and have an English threaded BB. CHECK THE BB and HEADSET! Make sure they are standard English threads, not Raleigh ones.

    See what you can beg or borrow first, especially if you can borrow cranks, chainring and sprockets and maybe stem, it'll give you a better idea of what suits your riding style. I find I spend more money on these three items than anything else getting the gearing and fit right.

    Good luck

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