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See how verdicts work1-bedroom house · ME3 9LB
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a 70ft River Lee lighter offering generous internal space, secure residential mooring and outstanding potential to create a unique floating home.
Premier Houseboats are pleased to present LF1, a former liveaboard vessel now ready for complete refurbishment, providing an ideal blank canvas for buyers looking to design and finish their own bespoke waterside home.
LF1 offers: • Large open-plan saloon • Kitchen with gas oven, hob and fridge • Double bedroom • Shower room • Separate toilet • Wheelhouse • Large storage area The generous main saloon provides excellent living space and could easily be reconfigured to create a second bedroom if required.
There is full headroom throughout most of the vessel, with slightly lower headroom only within the bedroom and adjoining storage area.
The existing kitchen and bathroom remain usable, allowing refurbishment to be completed gradually while living aboard if desired.
The vessel also benefits from full central heating together with a distinctive multi-fuel stove providing additional warmth and character.
Externally, LF1 offers excellent potential to create attractive outside living areas.
The vessel would benefit from repainting and the addition of perimeter railings, creating a secure deck space ideal for relaxing and entertaining.
The secure residential marina also benefits from an onsite dry dock, providing convenient access for future surveys, maintenance and repainting.
Situated on a secure residential mooring within an established marina community, LF1 offers an affordable opportunity to create a spacious floating home.
Local Amenities: Nearby shops, restaurants, schools and everyday services are all within easy reach.
Transport Links: Excellent road and rail connections provide straightforward access to London and surrounding areas.
Outdoor Recreation: Enjoy riverside living, boating and peaceful walks along the River Medway.
LF1 represents an outstanding opportunity to acquire a spacious floating home project with secure residential mooring at an affordable price.
Offering generous accommodation, excellent redevelopment potential and the convenience of an onsite dry dock, this is an ideal opportunity for buyers looking to create a bespoke liveaboard home tailored to their own style and requirements.
Early viewing is highly recommended to appreciate the space and potential on offer. The houseboat is freehold and the residential mooring lease hold.
Mooring Fees: £364 pcm Condition: Fair Constructed: 1946 Length over all: 70’ Beam: 15’ Maximum draft: 3’
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About LF1, Vicarage Lane, Hoo, Rochester
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