Who was looking to buy a mooring ? (Freehold Residential Mooring)

[Alan de Enfield]

Premier Houseboats are pleased to present an extremely rare opportunity that has arisen to purchase a freehold mooring on the River Thames at Kew Bridge. This is a unique chance to own a prime piece of waterfront real estate in one of London's most desirable locations.
The mooring is located on the north side of Kew Bridge and measures approximately 150' long. The mooring has mains electricity, gas and water available. There are two secure parking spaces that can be negotiated separately. The opportunity here is an obvious one, a mooring that can be used for your own boat, saving a considerable sum of money on your own mooring fees over time, plus the opportunity to rent out moorings and create an income, and therefore a return on your investment. Current estimates and rentals show a return of around 7%. Moorings are currently able to extend 50' from the river bank.
The location of the mooring is highly sought after, with easy access to Kew Gardens, Chiswick High Road, and the many amenities of Richmond. It's also conveniently located for transportation links, with Kew Bridge Station just a short walk away.
As a freehold mooring, this property represents a unique investment opportunity that could provide long-term value and potential rental income. It's a rare chance to own a piece of prime waterfront real estate in one of London's most prestigious locations, and it's sure to attract interest from a range of potential buyers.
The mooring is fully registered with the land registry, details are available through the owner when required.

Nominal length:150'
Length over all:150'
Beam:50'

 

£1,200,000

[magnetman]

Isn't it odd they don't mention the Boat spends half the time sitting in the mud and a decent spring tide goes right over the side and across the path. Tide marks are visible. 

 

A million for that? 

 

well I suppose someone's got to do it ! 

 

 

[MtB]

Deleted.

 

(Arithmetical error by an order of magnitude!)

 

Edited January 22 by MtB

[magnetman]

To be fair 150ft x 50ft is quite a lot of space but it seems interesting that on tidal water the crown -usually- owns the riverbed*. So the land registry map must be intriguing on these. 

 

Presumably one is buying the bankside land and there is a licence to occupy space above the riverbed itself. 

 

*It seems not on this case 

 

 

 

 

 

 

 

edited to correct point about Crown ownership. 

 

Info is from land registry free map search tool. 

 

 

 

https://search-property-information.service.gov.uk/search/map-search/find-by-map

Edited January 22 by magnetman

[Alan de Enfield]

1 hour ago, magnetman said:

Isn't it odd they don't mention the Boat spends half the time sitting in the mud and a decent spring tide goes right over the side and across the path. Tide marks are visible. 

 

A million for that? 

 

well I suppose someone's got to do it ! 

 

 

 

 

 

 

Freehold London Mooring | Premier Houseboats

[magnetman]

Yes I suppose it is gravel not mud to be fair. 

[doratheexplorer]

"Freehold Residential London Mooring with additional Mudlarking opportunity!"

 

I should be an estate agent.

[mrsmelly]

Yuk.

[roland elsdon]

Or

175000 for canalside flat in desirable town. with allocated parking  ( address storage washing machine etc)

 

Decent narrowboat 60000 

 

865000 @4%  = 34000 pa . Plus pensions.

Screw Lunun. 

[jonathanA]

I'm constantly amazed at the huge london premium for everything....  i know of a couple of acres of lovely land next to the canal with probably twice the frontage and i think over priced at something in the region of £120K, walking distance to a railway station, 10 mins from the motorway...  even that still have best part of mil to put under the bed... 

[blackrose]

I remember in the early 2000s when I was studying at Imperial in South Kensington, I was searching for a place to stay and ringing around different flat share ads. 

 

I asked one woman I spoke to on the phone whether the rent included bills (because some do) and she replied "No dear, this is Chiswick!" 

 

That was the sort of stupid attitude that epitomised property boom London about 20 years ago. I remember in the 80s when Chiswick was considered a humdrum suburb of West London  nothing special because it wasn't central enough.

Edited January 23 by blackrose