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See how verdicts work2-bedroom property · ME3 9TW
Listing removedReduced £20.1k (−16.7%) on 20 JunListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Premier Houseboats are delighted to present Tantalus, a beautifully converted ex-coal barge offering generous accommodation, excellent headroom, and a wonderful combination of character and contemporary comfort.
Thoughtfully designed to make the most of every inch of space, this floating home provides both ample internal living areas and two inviting outdoor deck spaces.
Upon entering Tantalus, you’re greeted by a bright office area overlooking the main living space - an ideal spot for working from home or simply enjoying the river views.
A small set of steps leads down to the spacious lounge, featuring a multi-fuel stove, solid wood flooring, and a charming ceiling-mounted feature clock.
Large windows flood the area with natural light, creating a warm and welcoming atmosphere. A step up leads to a dedicated dining area, perfect for family meals or entertaining.
Along the corridor you’ll find the family bathroom, newly fitted with a double shower cubicle, toilet, hand basin, and a small heated drying room.
The first bedroom currently features two built-in beds, but can easily be reconfigured as a comfortable double.
The modern kitchen offers excellent storage and workspace, and comes fully equipped with a built-in double oven, gas hob and extractor, fridge-freezer, washing machine, and a breakfast bar.
The main bedroom includes a built-in double bed with under-bed storage and fitted wardrobes.
From here, a door opens onto a private rear deck, with stairs leading to a large roof terrace complete with table and chairs, offering wonderful views and a peaceful outdoor retreat.
Excellent headroom throughout Solid wood flooring Double glazed windows Full gas central heating powered by a combi boiler Ample built-in storage including additional space within both swim ends Slightly sloped roof for easy rainwater runoff Tantalus combines charm, practicality, and space - an ideal choice for those seeking a comfortable, stylish family home on the water.
Within walking distance you’ll find a general store and restaurant/diner, plus excellent local amenities including schools for all ages, restaurants and takeaways, doctors, dentist, chemist, shops, and a leisure centre with swimming pool.
For commuters, the A2/M2 provides easy access to London and the coast within ten minutes, and Strood railway station offers high-speed services to London in around 40 minutes.
The surrounding area boasts beautiful countryside walks, river sailing opportunities, and a welcoming village community.
Tantalus is a beautifully presented family houseboat, offering generous living space, plenty of storage, and a balance of classic charm and modern comfort.
With spacious decks, stylish interiors, and ready-to-move-in condition, it represents a fantastic opportunity for anyone seeking an affordable and characterful riverside lifestyle.
The houseboat is freehold and the residential mooring is leasehold.
Vessel name: Tantalus Condition: Good Constructed: 1950 Refitted: 2018 Berths: 4 Cabins: 2 Heads: 1 Length over all: 80' Beam: 15' Maximum draft: 3' Hull material: Steel Hull type: Flat 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
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FAQ
About Tantalus, Vicarage Lane, Port Werburgh, Hoo, Rochester
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