Trawl ebay relentlessly. I got my 1980 Raleigh Magnum (not the BMX, the cheap and nasty racing bike) complete and in working order for £12.
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This. I saw an 80's falcon racer in good nick go for about 15. Tip though, try and extend your search away from london. If you've got a car prepare to travel around a bit. Or look for something on a cheap rail links to london (birmingham £12 return w/railcard on chiltern - and bikes go for free without reservations)
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This. I saw an 80's falcon racer in good nick go for about 15. Tip though, try and extend your search away from london. If you've got a car prepare to travel around a bit. Or look for something on a cheap rail links to london (birmingham £12 return w/railcard on chiltern - and bikes go for free without reservations)