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See how verdicts work2-bedroom house · NW1 7SS
For saleReduced £50k (−8.3%) on 23 MarListed 1265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a unique & charming bespoke two bedroom house boat on a permanent gated transferrable mooring in Regents Park.
You enter by the centre of the boat into a spacious open plan kitchen / living room offering bespoke atmospheric lighting system, walnut joinery including electric heating through the wall panels, oak panel flooring with underfloor heating, electric skylights, two sofas with built in storage as well as a custom fold out dining table, shoe storage, book shelves and working desk.
The kitchen benefits from bespoke Corian kitchen work tops, splash back, bespoke cabinets and storage, as well as an oven / microwave and drinks fridge beside the breakfast bar with direct canal views and steps up to the large railed upper deck terrace.
The main bedroom is located at the front of the vessel providing a double bed, full size closet and its own heating system, at the front is also the main bathroom offering a tiled shower and hot water pump, vent extractor, mirrored storage unit and censored lighting.
The rear has a further double room with stairs leading out onto the balcony and a shower room plus w.c.
Located on the Regents Canal and offers a tranquil setting with easy access to Regents Park where one can enjoy Queen Mary’s formal gardens and soak in the city-scape views from Primrose Hill Park and just as close is Camden Town.
Alternatively a short and pleasant stroll down Regents Canal will lead you to the ever evolving Kings Cross where one can indulge in the delights of Granary Square & the Coal Drops Yard which brings something entirely different to London’s shopping and dining scene, cobbled streets and brick arches are home to a wonderful and unexpected mix boutique shops and foodie hotspots where Victorian heritage and breath-taking architecture collide in an extraordinary canal side setting.
There are several transport links to choose from Mornington Crescent Station (Northern Line) 0.3 miles, Euston (National Rail) 0.7 miles, Great Portland Street & Warren Street Stations (0.9 miles) both these stations are served by a combination of five underground lines.
The West End is accessible in 30 minutes via Regents Park. There is also a nearby canal towpath that provides a beautiful cycle route west to Little Venice and east to Hoxton.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Houseboat The Mothership,, Cumberland Basin, London
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