4 bedroom house boat for sale

£1,549,000

4

Bedrooms

5

Bathrooms

Floorplan

This striking 40-metre-long, 6-metre-wide Belgian Spitz barge was originally constructed for transporting grain and has since been meticulously converted by the current owners into a truly exceptional floating home. Refurbished to an outstanding standard, the vessel showcases thoughtful design and premium finishes throughout. Upon boarding, youre greeted by a spacious decked garden- an ideal spot to relax and take in the panoramic river views. Inside, the open-plan kitchen and saloon offer a bright, expansive living space perfect for entertaining. Towards the bow, the charming wheelhouse serves as a top-deck reception room, opening onto a generous sun deck with spectacular views across the Thames. Below deck, the main living room is beautifully appointed with rich wood panelling and a cosy wood-burning stove. The accommodation comprises four individually designed double bedrooms, each with its own en suite. The standout master suite measures an impressive 25 ft. 9 in. by 15 ft. 7 in. and features a wood-burning stove, walk-in wardrobe, and a luxurious en suite bathroom with a roll-top bath and separate shower. Crafted by those who truly understand life on the water, the vessel includes numerous bespoke features such as an automated waste pump-out system, superior insulation for year-round comfort, and custom finishes throughout. A parking space is also available. Moored at St Marys Wandsworth Pier on a residential berth, the vessel benefits from a long lease of approximately 116 years. The pier offers 24-hour concierge service and is superbly located on the south bank of the Thames, between Battersea and Wandsworth bridges. Its close to the shops, restaurants, and bars of Battersea Square and Wandsworth Town, with easy access to Fulham and Chelsea. Clapham Junction is less than half a mile away, providing direct National Rail services to Victoria, Waterloo, and Gatwick Airport. Thames Clipper docks alongside, a fast commute into the city. Council tax band A.

Description -

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1300305

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 38725
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 138555
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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