3 bedroom house boat for sale

£900,000

3

Bedrooms

3

Bathrooms

Floorplan

This Luxemotor Dutch Barge is currently moored at Plantation Wharf in Battersea. It was designed by Jan Visser, a Dutch marine architect and by the current owners. It was built by SRF in Harlingen, completed in 2016 and sailed over the North Sea to its present mooring. It is designed with a Scandinavian influence and with no expense spared on the finish. It is a fine example of a fully functioning, luxury floating home, which is also quite capable of cruising the European waterways. The barge is almost 30 m. long with 1,276 sq. ft. of exceptional accommodation. The sheer size and considered configuration results in a very versatile vessel which would serve a multitude of purposes. The boiler and water pump were recently serviced and the hull inspected. The vessel also has the TRIWV certificate. The lower deck accommodation comprises 2 large double bedrooms, both with en suite bathrooms, large cupboards and dressing tables. There is a 3rd bedroom with two bunk beds, which could be adapted to an office. There is also a separate toilet and a well-appointed utility room with Miele washing machine and separate tumble dryer. The sitting room has an abundance of windows and is therefore very light. The living area has a wooden floor with plenty of hatches for storage and also many deep cupboards. There is an underfloor wine cellar, a wood burning stove and a pop-up TV cabinet. It is open-plan to the bespoke fitted kitchen which has top of the range integrated Miele appliances, including fridge freezer, dishwasher, oven and hob. Access to the spacious engine room is through the aft bedroom. This contains the diesel combi boiler and Mercedes V6 250hp engine. On the upper deck there is a large wheelhouse which enjoys a 360 degree panorama and is a stylish entertaining and dining space with wonderful views of the river.

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

£ 745200

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 22500
  • 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

£ 70200
  • 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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