Downsizing your family home?
Or are you perhaps looking for an easier point of entry to the property market?
Do you have a plan to become a private landlord for tenants wanting a quirky property?
Take a look at our houseboats for sale on Isle of Wight.
Houseboats are by no means generic.
Each carries it’s own character, as derived from it’s history.
Many have illustrious backgrounds, such receiving military medals for honourable national service.
This makes houseboats a really colourful choice for property investment.
On the Isle of Wight, the marina which accommodates houseboats most famously is Bembridge Harbour.
The Authority (Bembridge Harbour Authority) is in charge for allocation of berthing to moor houseboats.
The situation of this marina for a houseboat makes for an attractive property investment.
Nestled in the north east coast of the island among the resident ‘marine life’ headquarters of The Wight, Bembridge is host to: boatyards, stores and a chandler, all for serving the avid local and visiting boating community.
Moorings are the key. Location is where most begin with selecting their ideal property investment. Where your houseboat is berthed is a technical clincher.
Being held to the terms and conditions of a leasehold arrangement under the governance of a freehold owner, you will want to ensure that your intended usage is all above board.
Sinking a heftily invested capital sum, without careful consideration, can lead to you acquiring a leasehold which can legally be rendered unfit for purpose.
Leases are now offered at Bembridge Harbour on a 99 year leasehold basis.
When purchasing a leasehold houseboat, after the transfer – as soon as 7 days post sale, the previous owner will be held to disclose the buyer’s ID to the moorings authorities.
It’s also a matter of prudence to formally introduce yourself as the new owner to the harbour authority as to avoid any misunderstandings.
Harbour managers will often run background checks on new tenants as a customary measure of due diligence within the sale cycle.
There are currently 25 moorings present at Bembridge Harbour.
They date back to the Second World War when decommissioned war vessels docked up and were re-purposed as cheap alternatives to brick and mortar housing for families.
Houseboats come in various shapes and sizes.
Their overall structure is derived from their origin.
Many have commercial, or military guises, which are renovated over successive years of domestic use to conform them to comfortable weekend homes or even liveaboards.
Here are a few examples of houseboat, by definition and design:
Most popularly now, is a purpose-built houseboat. Built from scratch as accommodating a family for a primary residence.
Design sensibility from the off is more homely than a reconditioned boat.
On one hand, this is more acceptable at first impression, given the intended use…
But on the other hand, lacks the character of transformed boats.
Prices for houseboats for sale around the UK range from £6,000 for unfinished, formerly dilapidated renovation projects – to £250,000 for top of the range, luxury homes on water.