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See how verdicts work1-bedroom property · ME3 9LB
For saleReduced £9.9k (−28.5%) on 20 JunListed 2025 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Premier Houseboats are delighted to present TID172, a remarkable piece of maritime history with superb potential to become a truly unique floating home.
Built in 1946 as one of only 183 tid-class tugs, TID172 was part of a series constructed to replace vessels lost during World War II and to assist in preparations for the d-Day invasion of France.
Today, she offers an extraordinary opportunity to own and restore a genuine wartime vessel while creating a distinctive and characterful home on the water.
Now moored on a secure residential berth within a small working boatyard on the River Medway, TID172 offers ample interior space to reimagine into a comfortable and character-filled residence.
Currently, she includes: A good-sized forward cabin A small deck-level galley A compact shower room and toilet A traditional wheelhouse, which could be extended to form an additional living area There’s also further space adjacent to the engine room, ideal for creating a large saloon or additional cabin.
The original engines remain in place but are currently non-operational due to boiler issues - these could be restored for authenticity or removed to open up even more interior space.
Externally, TID172 offers usable deck space for outdoor relaxation and entertaining.
The tug was out of the water in 2018, surveyed, and underwent plating work, leaving her hull in good condition with strong thicknesses.
Structurally sound and rich with history, she provides a solid foundation for a thoughtful and rewarding conversion project.
This is a rare opportunity to own a genuine historic vessel and transform it into a unique, characterful home - ideal for enthusiasts of classic maritime engineering or anyone seeking something truly special.
The residential mooring is situated in a popular riverside village with an excellent range of local amenities: General store, restaurant/diner, and bus terminus within walking distance Schools for all ages, doctors, dentist, chemist, local shops, leisure centre, and swimming pool nearby For commuters: The A2/M2 is less than 10 minutes away, providing easy access to London or the Kent coast Strood Station offers high-speed rail services to London in around 40 minutes The area also enjoys proximity to the River Medway, with sailing facilities, open countryside, and beautiful walking routes right on your doorstep.
TID172 represents an exceptional chance to create a one-of-a-kind home aboard a vessel steeped in wartime heritage.
With solid structure, generous space, and a peaceful residential mooring, she’s ideal for anyone seeking a distinctive liveaboard project with both history and heart.
The tug is freehold and the residential mooring is leasehold. Vessel name:TID172 Condition: Good Constructed: 1946 Berths: 4 Cabins: 1 Heads: 1 No.
Of engines: 1 Length over all: 65' Beam: 17' Maximum draft: 8' Hull material: Steel Hull type: Displacement Keel type: Other Disclaimer Premier Houseboats offers the details of this advert in good faith as it was presented by the seller or his representative but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the described item within this advert.
A buyer should instruct his agents, or his surveyors, to check such details as the buyer desires validated.
The Item described within this advert is offered subject to prior sale, price change, or withdrawal without notice.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About TID172, Vicarage Lane, Hoo, Kent
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