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Friday, August 08, 2014

Cheap living in central London

This is a twit, is that the right term? Anyway it is an entry on the Whilton Marina Twitter account linking to their blog post. Twitting is not my thing, this just popped up as I searched for other things.
I think there`s enough congestion in London without them giving people the idea buying a boat means you can live in central London on the cheap.

Jaq and I saw the lines of moored boats in some cases 3 abreast some with enough possessions stored on the roof to realise they do not move far if at all. The London assembly has been looking at the problem as has CaRT.  Do your own Googling.
 Copy from the article;
Well if you do and you have buckets of money this isn’t going to be a problem.  However for the rest of us who may not have large amounts of money lying around; there is another solution!

 Imagine having the Thames on your doorstep and living in a city location, and being able to enjoy nature right outside your front door.  The opportunity to live the high life for a fraction of the price; buying a narrow boat could be the answer. 

As you read down their blog post it does mention trying to get moorings but by this point the romantic, cheap idea has been implanted in the heads of those with less than enough brain matter to see this is not a good idea.
The blog post can be read HERE.

Last year this mooring came up in Battlebridge Basin which is home to the canal museum Islington. Bit hard to make comparisons with London rental prices as you are comparing bricks and mortar with a strip of water.

 The mooring guide price of £9,642 ($15,620) per annum equates to £185 ($299) per week. I did some searching and a 2 bed flat/apartment would cost around £400 ($648) per week.

Of course with the mooring you need to supply the boat and Whilton Marina just happen to be able to sell you one of those.
Battlebridge Basin showing moorings on the left.


Bryce Lee said...

Hmm, another method to counter the housing shortage eh? Ask those new boat dwellers mid-winter how they are doing in their new accomodation?
Looking at the figures one may only hope they've got more brains than the realtor for the locations...
Somehow I doubt it.

Marilyn, nb Waka Huia said...

When we were walking the towpath from White City to Paddington Basin the other day, we noticed a lot of boats (and spoke with one owner) looking pretty permanently moored up where 14 days is the maximum stay - as you say, loaded up with stuff that clearly hadn't moved in a fair while. A number of them were works in progress with tarps, sheets of ply and mdf, wheelbarrows, etc.
A bit disingenuous of Whilton Marina to be advertising to add to that problem, I think.

NB Valerie & Steam Train by Les Biggs

NB Valerie & Steam Train by Les Biggs