Hello there!
I'm retired and am looking to do something better with my savings than have them earning a meagre interest rate in an account.
I had been looking at static caravans, as a holiday home and to rent out, but the fees seem ridiculously high.
I then thought about the canal holiday I had years ago and how peaceful it was, so I'm now thinking about getting a narrowboat in Northwest England to use and to rent out. I'm aware of the certificates it'll need and the annual cost of running a narrowboat, but as I'm completely new to this, I'm aware that there's LOADS that I don't know.
So......
1. Is it a viable idea?
2. If I had someone (Hoeseasons?) managing the rentals, cleaning etc, what would they charge and are there any rules about the boat's age, size etc?
3. I'm not looking for a large boat and have a budget of £30K. Would it be better to buy a project boat cheaply and pay for refitting it or get a better boat that needs less work?
4. I'll pay for full hull and engine surveys. Can you recommend a decent surveyor?
Thanks in advance for your replies.
Chris