The piston is rounded, does this mean it is a 125cc?
Yes, that does mean it is a 125cc.
Great pictures there for the record argo.
You've done a great job.
The mount is clearly not original to a Victa power unit.
And the cylinder does not have external transfer ports,
suggesting the cylinder has been replaced at some time.
Perhaps a previous tenant made this one from a mower engine...?
It doesn't really matter because this has been a great project.
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Jack