From sky-high property prices to nightmarish landlords, navigating the London property market can be somewhat of a challenge.
Now, a Victorian boathouse in one of the capital’s most elite riverside locations has sold for over half a million pounds – AKA, almost double the price of most people’s homes.
The Aldous Boathouse, nestled next to the River Thames in Teddington, south west London, went on the market for the first time in 24 years, and has now sold for a whopping £537,000.
By comparison, according to Zoopla’s House Price Index for May 2024, the average house price in the UK was £264,900 – and the boathouse is more than twice that in value. Ouch.
Built around 1874, the property was restored back in 1999 alongside the Teddington Wharf estate of modern flats, but now appears to need a little bit of work.
Until two years ago, it was used as a private recreational boathouse, so there aren’t any bedrooms – though the estate agent, Savills, has noted that it could have potential for future development (subject to various planning permissions).
And, the cherry on top of the cake for anyone with some cash to to burn, this bougie boathouse is served by its very own private pontoon, as well as an allocated parking space in case there’s traffic on the Thames.
This isn’t the only water-related property that’s hit the headlines of late.
Last week, a ‘rare’ opportunity to purchase a private lake cropped up less than two hours away from London.
Nestled in the village of Wolvercote, just shy of Oxford, the opulently-named Duke’s Lake is currently up for sale for a relatively modest price of £100,000.
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Sure, it’s not a place on the hugely competitive beast that is the UK housing market, but a little rowing boat to top off your own body of water is no mean feat, right?
But it’s not just the lake you’ll be vying for: the price tag also comes with a block of agricultural land (30.8 acres when combined with the lake, to be precise). The body of water itself is 12.95 acres, with the rest comprised of luscious green space.
And if you’re passionate about all things river and stream related, it’s framed by two waterways: the Duke’s Cut and Wolvercote Mill Stream, which connects up to the Thames.
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