Hi,
New to the site and the excitement of potential boat ownership.
I am moving to Slough in August, and had been contemplating trying to find a long term narrowboat rent, but that seems to have been difficult to source even with friend of friend of friend input.
While looking around I have spotted a boat that would be within my budget via finance to buy, and assume approximately £7k additional costs this year (and this being equatable to the cost of land-rent) that would be conveniently residentially moored in Iver for where I am moving to work (15 min cycle commute).
However, I am naive and often overly optimistic, and would appreciate some more experienced views on the potential of this narrowboat, in conjunction to my discussions with the broker, the boat yard, friends and an upcoming survey.
Notably, the engine is non functioning currently, and it needs TLC inside.
Boat ~ asing £21500
47ft Colecraft with Residential Mooring
£21,500
The boat has been with the current owner since 2003 and this is when the last survey report was carried out. The vessel has had Epoxy applied in 2004 and again in 2012.
Windows have been replaced with double glazing.
This vessel comes with a residential mooring at Iver.
Built in 1989. Fitted by Rory Marine & Weltonfield. Isizu 3cyl (not running – requires o’haul / replacement) diesel engine. 2 berth – fixed double in own cabin. Morso solid fuel stove with back boiler. Pump out and chemical toilet. BSC to 11/2021.
Key Features
Builder: Colecraft
Type: Narrowbeam
Fitted: Rory Marine & Weltonfield
Year: 1989
Length: 47ft / meters
Beam: 6ft 10in
Draught: c.2ft
BSC to:11/2021
Costs this year
Survey ~£400
Mooring: ~£3008pa
Licence ~£864.69pa
BSC ~ £87.50pa
Council tax ~£1229pa
Fuel: Gas £150pa, Coal/Wood: £50pa; Leccy by meter
Insurance ~£250pa
Communications: £40pm
Costs over next 2 years
Engine: for example if I bought a brand new Kubota Beta Marine 25 Greenline, It looks about £6k.
I may not need to buy, or buy brand new, but I'm putting the £6k as the price in my mind?
Blacking ~£800
Other Renovations: £~5k
Any input very much appreciated, please and thank you!
Does this seem even somewhat sane?