Nice project, I have a restored one just like that, and another in the queue

I also have just finished another that I am selling.
To make it original and correct, you will need a steel bayonet tank and cap, copper fuel line, which you can make up yourself, all materials are available. Nice brass carb, not many of those about. Nice bronze clutch lever, again hard to find. Nearest transom bracket is the all bronze one with bent over screws. You should also have the brass trumpet inlet which did not appear on later . You have the right throttle lever, they are hard to find. You may have to buy other engines to get the parts you need, I had to
The block has cracked because of corrosion from within the waterways, which has bubbled up in the waterway, eventually cracking it. I would not recommend salt water use! If you must I personally would fit a later 102 block.
Salt water will kill a rare engine just hitting it's 70th birthday, buy a later 102 for £50 for regular use in salt water and cherish this one. It's reasonably rare and quite collectible. Some would say the most collectible and desired seagull

because of the shiny bits..
I think around 10% of the SDs had the brass and copper bits, and it is not proven if the theory that these were navy engines is true.
Strip it down and see what it is like, it is likely that the coil will be dodgy, as they suffer from internal corrosion. Replacements are available, and other spares are available.
Post lots of pics, we like those, and lots of advice is available here. Loads of fun
