It goes without saying that getting on the property ladder in London is hard.
If you’re willing to live on the water, though, you might have more of a chance.
At £100,000, this one-bedroom houseboat is a bit of a steal – at least compared to how much you’d pay for a studio flat in the same area.
In Rotherhithe, in south-east London, you’ll find Hippo, an open-plan houseboat constructed in 1990 that’s now up for grabs.
The current owner has lived onboard for the past three years, and put in a lot of DIY work to transform the boat into a dreamy place to live.
Inside are all the fittings you’d need in a city pad.
The top deck has been converted into a seating area for entertaining guests – or just sitting and having a coffee in the morning.
Below deck, there’s a spacious kitchen complete with granite worktops and space-saving wooden cabinets.
A sofa comfortably fits into the back of the boat, as well as a large desk and chair, ideal if you fancy working from home/houseboat. Hyperoptic broadband is included, so you don’t need to worry too much about your Zoom connection.
On the lowest deck sits the double bedroom.
A word of warning, before you get too excited and picture yourself at sea.
If a deep bathtub is a non-negotiable, this might not be the place for you. There’s no bathroom or toilet at all, in fact, as the current seller had it removed to make space for a walk-in wardrobe.
There’s a shower and toilet block in the marina, just 10 seconds walk away, instead.
The benefit of this, alongside that walk-in wardrobe, is that there’s no need to have a septic tank sorted every week or any other maintenance.
You will need to do a full check-up on the boat before moving in, though, as the engine hasn’t been used in the past three years.
Nigel Day, head of houseboats for River Homes, said: ‘Hippo is a really well-maintained boat that has been refurbished to maximise the interior space
‘It would be a great pleasure boat but would work equally well as pied à terre.
‘It’s conveniently located just one stop away from Canary Wharf, plus there are plenty of bars and restaurants in the immediate area.’
Location-wise, the boat is moored in the South Dock Marina, SE16, which has a concierge service, electricity, and water and waste disposal.
The annual mooring fee is £5,995.12, so factor that in to your costs.
If you’re keen, you can find out more information through the River Homes website.
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