Is this London's most expensive houseboat? Vessel on sale for £1.3m

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Mark Chandler23 March 2016

A houseboat in south London has hit the market for an eye-watering price of £1.3 million.

Called Monarch, the luxury Wandsworth barge, which is nearly 100ft long, has a large open-plan living area and a fully-fitted kitchen on the top deck.

On a lower level there are three double bedrooms, one with an en suite shower room.

A separate room “could be a media and TV room, study or walk in wardrobe”, according to its online listing.

It states: "No expense has been spared in the overall renovation and production of this vessel with every single part being well researched and professionally installed."

Riverhomes said to find a property with the same space on land would cost up to three times the price Riverhomes
Riverhomes

Moored in Prospect Quay, whoever buys the vessel can use a swimming pool and gym at the adjoining residential development.

Riverhomes, which is selling the boat, said to find a property with the same square footage on land in the area would cost up to three times the price.

Life on a London houseboat

Nigel Day, Riverhomes’s houseboat expert said: “The price reflects the fact that it has an indefinite mooring.

“Most houseboats have a one to five year mooring. The houseboat owners at this pier each own a part of the mooring and so are not only subject to a landlord’s price rises but group together to share maintenance costs.

“Even if the owners choose to sell the boat itself, they can moor another boat at that berth. It’s the marine equivalent of a shared freehold.”

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