That said I presume I'd be looking at the following:
1. Timing belt & water pump
4. Upper & lower suspension arms (given it's history)
7. Engine powder coating
8. Inlet pipes
10. Oil cooler
(+ anti roll bar bushes, rear engine mount, top steady, oil/filter, air filter, spark plugs, cam cover gaskets & spark plug gaskets, coolant, gear oil, aux belt with tensioners & idlers and loads of other bits and bobs)
Done altogether £3k ish
All round about £450 ish for good discs all round, front PF pads, std rear pads, new fluid & bleed
9. Almost 100,000 miles (does it need rebuilding?) Maybe, add £2k done with first lot of work. Probably just top end a little tired so less than that.
11. Tyres £300
12. Rust, if there is any
5. Floor pans (potentially)
Maybe.. I've never seen a horrific 156 GTA but I've done some floor welding on a few
13. Water ingress in the boot? Boot seal £25, rear screen re-seal probably £100ish by a windscreen man
14. Odds and ends - There's a headlight washer missing and because I'm a bit strange I would look to fit the genuine 156 boot spoiler. ( I know, it's awful)
Used GTA front bumper £150
15. Tax £290 a year
If £3k could buy the 156 then it's doable which is why I really want to view it first. Part of me wants it to be a complete pup so that I can let this idea go.
It has the potential to be a disaster, but there aren't many GTAs and they are being gobbled up by collectors. Prices will keep going up.