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@t.o.
I have a blue metallic Raleigh Arena in I'm guessing about a 54cm seat tube.
Found it this evening*. Small, nice, would clean up nicely, no dents particularly but scratched a bit. Probably 1970s, heavy (not reynolds etc, some proprietary raleigh gas stove piping). Has bottom bracket and vintage cottered cranks of unknown quality.
one pump bracket is bent (could easily bend it back I think) and the head badge is missing.
Yours for nothing, but it would be great if you made a donation to the forum. Can pick up tomorrow during the day from near southwark bridge. PM me.
*literally found it in a pile of rubbish by some biffa bins I was walking past, it was definitely someone else's rubbish but it looks fine to me.
http://photobucket.com/raleigharena