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£425,000

"excelsior" S K D Marina Ltd, St. Katharines Way, London, E1W

  • 4 beds
Other
Under offer/SSTC

£425,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£1,940 per month

Minimum deposit amount:

£21,250
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Originally built in 1929 and used commercially for many years, this steel hulled Dutch barge now offers four bedrooms - let's enter into the spirit and give them their correct names - four cabins. The centrepiece of the barge is a wonderful open plan living space with galley to one end and two huge skylights which flood the living space with light. A discrete utility room with washing machine and freezer is cleverly tucked into a corner of the living space. There's a bathroom and loo (heads) to the midships.

There is some flexibility in the layout and the current study could be reconfigured to create a larger double cabin.

Excelsior has been meticulously maintained and is ready for her new owner to come aboard and enjoy a unique lifestyle. Excelsior was last taken out of the water in 2019 and underwent a full and successful survey. The topsides have been repainted and all woodwork to the deck area has been sanded, restored and re-stained. A bow thruster was installed in 2019 to add manoeuvrability to Excelsior making her easy to use for cruising. This allows the new owners to take their very comfortable home with them wherever they choose to travel.

The mooring for Excelsior is in one of the prime spots within St Katharines Dock and the mooring will be transferred to the new owner on completion of the sale. Moorings of this scale and in this position are incredibly rare. Mooring fees for Excelsior are around £22,000 pa and include .............??

Important to note is that St Katharines Dock is the only marina which allows vessels to be used for Air BnB guests, making Excelsior not only an incredible opportunity for her new owner to live in comfort in the very centre of London at a relatively low cost but also to generate income from this unique vessel.

Excelsior warrants a viewing. If you're looking for a home which is convenient to manage, centrally located, spacious and will be the envy of your friends, do consider joining an elite and very special tribe of people who understand just how wonderful it is to live abord a barge.

Tenure: Freehold
£22,000 pa mooring fees
it is a lifetime mooring and as long as you renew it and pay then it's yours you will never been removed from the dock. The husband said that is not my interpretation it has to be renewed so you can be moved off the dock. Dad did reiterate this is not the case. Dana the barge next door has to reapply every year for their mooring. Excelsior comes with a lifetime mooring it just needs renewing and paying each year. It has a permanent right to be moored at the dock.
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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