Barge

Thanks for the advice everyone!!! Seems like there could be a potential to make a decent bit of money doing this, but not nearly as much as I had presumed. So it's not really worth the time and investment right now, especially with no 'experience in boats'. Probably best to stick to the Graphic Design for now, get myself a narrowboat to live on and look into to doing this as a way to make some extra cash/kill some time when i retire. If anyone else has any thoughts or advice please continue comment though because it's still all very useful Thanks

Hello, I just wanted to get your thoughts and some some advice about a potential 'business' idea. I am going away for around 6 months at the start of 2020 and was planning on moving onto a Narrowboat when I got back, but I got talking to somebody recently has just sold a Narrowboat in London. Basically; they purchased their boat in Manchester, brought it down to London, lived on it for about a year and then sold it in London for almost double what they originally paid. Which gave me this idea of a potential business to run along side my Freelance Graphic Design work. Purchasing Canal boats up North, refurbishing them a little and then taking them down to London to sell. Maybe doing this 2 or 3 times a year? I have been trying to look into it a little online but without speaking to people with experience buying and selling Narrowboats I am struggling to find the right answers. What are your thoughts? Could this work? Has anyone got any experience doing this? Or, buying and selling canal boats in general? Say I purchased a Canal boat for around £20,000, spend a couple of grand refurbishing it, and then a few weeks driving it down to London. Would there be potential to make a decent amount of money doing this? Is there typically a BIG difference in the prices of canal boats in London compared to Manchester / up north? Is the demand for canal boats in London still quite high? Any potential problems that I may face? It won’t be until 2021 that was looking to do this, so I just wanted to spend the next year or so researching into it because it seems like it could be a great way to make money along side my freelance graphic design, and spend time living on the canals. I just wanted to get some initial thoughts from people with experience doing this. Thanks!