Here's the oldish Raleigh Record I got a few weeks back.

When I got it it had a set of high rise handlebars and a big cushy sprung saddle.

I rummaged around at home and found a set of drop bars for it, found a spare saddle that has the Raleigh name on it salvaged off of a parts bike, wrapped on new bar tape, added new brake cables and housings, and put on an old pair of tires salvaged off of an old Schwinn junker that are in better condition than the tires the bike came with.

I'll let you figure out which are the before and which are the after pics ...

The bike is about a 55cm center to top seat tube with a 57cm top tube, standover is about 31" on 27" tires, the Huret deraileurs function just fine. If it was a keeper I'd either put on some Salmon KoolStop brake pads or switch it over to alloy wheels.

On to the next project....