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See how verdicts work2-bedroom property · ME3 9TW
For saleListed 1424 days
Opportunity summary
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About
Premier Houseboats are delighted to present Medway Rhino, a unique and fully operational houseboat, offering generous internal and external living space on a secure residential mooring in a sought-after marina on the River Medway.
Originally built as a salvage vessel, Medway Rhino has been sympathetically and expertly converted to create a spacious, characterful home that retains its original working charm while providing all modern comforts.
Access is through the wheelhouse, a large and functional space that remains fully equipped for navigation but also serves perfectly as a social area or home office when not cruising.
A staircase leads down to the stunning open-plan living area, beautifully finished throughout using high-quality materials.
The fully fitted kitchen includes a gas oven and hob, microwave, fridge/freezer, breakfast bar, ample storage, and extensive work surfaces.
The lounge is light and inviting, benefiting from both portholes and a large skylight, creating a bright and airy atmosphere.
Forward from the living area is a double cabin, currently used as a nursery, and a large family bathroom featuring a full-sized bath with shower attachment, hand basin, heated towel rail, and toilet.
To the aft is the main double bedroom, offering excellent storage and the potential to add an en-suite bathroom if desired.
The vessel features full central heating throughout, and every area has been thoughtfully designed to maximise comfort and style.
Externally, Medway Rhino retains its distinctive, authentic working-boat appearance - a classic profile concealing a beautifully finished interior.
There is ample deck space to relax and take in the stunning riverside surroundings.
Powered by a Kelvin 8-cylinder 260hp diesel engine, this vessel provides plenty of power for both inland and coastal cruising, offering an exciting opportunity to enjoy life afloat with the freedom to travel.
Located within walking distance of local amenities including a general store, restaurant/diner, schools, doctors, chemist, leisure centre, and more, the mooring offers both convenience and tranquillity.
For commuters: -A2/M2 access is under 10 minutes, connecting to London or the coast. -Strood Station is nearby, offering high-speed rail services to London in around 40 minutes.
-The area also offers beautiful river walks, sailing opportunities, and open countryside close by.
Medway Rhino is an exceptional example of a working vessel conversion, blending historic character with stylish modern living.
Offering spacious accommodation, full cruising capability, and extensive outdoor space, this is a rare opportunity to own a one-of-a-kind floating home with both personality and practicality.
The houseboat is freehold and the residential mooring is leasehold.
Vessel name: Medway Rhino Condition: Good Builder: Richard Dunston Thorne Constructed: 1955 Refitted: 2021 Berths: 4 Cabins: 2 Heads: 1 No.
Of engines: 1 Engine model: Kelvin 8 Cylinder Engine power: 260 Fuel type: Diesel Length over all: 90' Beam: 22' Maximum draft: 6' Hull material: Steel Hull 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Medway Rhino, Vicarage Lane, Port Werburgh, Hoo, Rochester, kent
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