If its that close you really should try to get it MOT'd.
Alot of people are put off by the "it should sale straight through an MOT" statement.
this line is often used to describe a car with many hidden issues.
I'm not suggesting this is the case with your 126, but you run the risk of being tarred with the same brush.
A few options you might want to consider if you can't commit to the work yourself:
- stick it in for an MOT and sell it with a fail sheet
Let potential buyers know what is needed - take it to a small garage and pay them to repair and MOT.
The amount you spend will easily be absobed by the extra you recoup in the sale price