Honda XR125L not starting. NOW NO 3RD GEAR Help pls.

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blockheadxl650v

Race Dog
Joined
Feb 16, 2012
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Western cape.
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BMW F650GS / Dakar
I am looking at buying a XR 125L Trouble is that it is not starting. It looks well looked after but has been standing for a long time. Before it was stored it did have trouble starting.
I checked and there is spark and fuel. When holding my finger on the the plug hole there feels like there is no compression but more suction. Could this be a valve clearance issue with the inlet valve staying open?
 
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