If it was me I think I'd have to bite the bullet and get it fixed as cheap as possible. If that meant credit cards/loans etc then sobeit. A few hundred quid now will equate to around £4k increase in value.
Putting it under the tarp will not do it or you any good. Even if you spoke to a garage and offered to split the proceeds you've got to do better than £750 haven't you??
Evil sorry it's taken so long but I only saw my mate tonight.
The engine reconditioners it Dundee I mentioned are called Agra Engineering their web site is www.agra-eng.co.uk all the info you need is on the web site hope this helps.
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