Hello everyone, I've been lurking a little while and believe I have read many/most of the recent newbie posts like this.
My plan in short is that by January/February I will have around £10/11,000 saved. I plan to supplement this with a loan of around £20,000 which I appear to be eligible for based on my cursory searches.
With this I plan to buy a boat for around £25-27000 to liveaboard as a constant cruiser (rest assured I genuinely intend to be a constant cruiser, in fact I intend to traverse the canal from South to North West - However perhaps that is whole other naive pipedream to be discussed at a different time ?)
I will be living and working from the boat as I work remotely in publishing.
With that said I have a few questions: feel free to answer all; one; some or none of these.
1. Is there a sweet spot in pricing at which point there is a significant jump in the amount of boat one can get for their money? I've seen a post by one of the most esteemed posters of this parish which suggested that below £25,000 the amount needed to be spent on work outweighs any prospective savings.
2. I know many of the basic things to look for when buying a narrowboat based on my research, but how should one weigh up different strengths and weaknesses. For example, with regards to a hull on an older boat, is a recent overplating a good or bad thing? Is there a definitive order for considering the value of a boat? Im assuming: Size > hull integrity > age > builder > electrics. But how many years of age is a good builder worth over a lesser one?
3. Is moving onto a boat a good idea for a young, single, strapping man with limited boating and DIY experience? (Just to head off the first question, the reason I want to move onto a boat is not as a cheaper form of living, rather it is to explore the waterways and see some (hopefully) attractive scenery).
Any answers, questions, feedback, abuse, banter welcome! ?