3 bedroom house boat for sale

£575,000

3

Bedrooms

3

Bathrooms

Floorplan

Discover the charm of living on the Thames with this exceptional two-storey houseboat, formerly a Dutch barge, now transformed into a stunning three bedroom design-led home. Nestled within a serene neighbourhood in Surrey, this spacious floating residence offers a unique perspective on life.

The houseboat features a modern design with quartz worktops, underfloor heating (diesel), a Stovax wood burner, a wheelhouse, and bi-folding glass doors that open to a deck. The high ceilings in the reception room create a sense of volume, while an abundance of windows flood the space with natural light, enhancing the bright and airy aesthetic.

The 15-month conversion project aimed to maximise space and comfort, ensuring that the home feels nothing like a traditional boat. The layout and design, have been meticulously executed to create a home that rivals any bricks-and-mortar property. Experience the perfect blend of innovation and finesse in this 30 metre long floating home, where every detail has been thoughtfully crafted to provide a luxurious and comfortable living environment.

Nestled within 80 acres of tranquil waters on the non-tidal reaches of the River Thames, Penton Hook Marina is Britains largest inland marina. Located close to the vibrant town of Staines-upon-Thames, this picturesque marina offers a perfect blend of natural beauty and modern amenities. Nearby, you can explore historic sites such as Runnymede, where King John signed the Magna Carta, and the iconic Windsor Castle. With excellent transport links to London via road and rail, Penton Hook Marina provides an ideal setting for both leisure and convenience.

Available on either a residential or leisure licence.
Currently on a leisure licence.
Current mooring fees 1,351.89 incl VAT per month

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

£ 477075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

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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
    £ 14375
  • 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

£ 45825
  • 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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