Hi @Lorna170 ,
Our door is always open to you! The houseboat I am afraid is not in our possession any more, we have sold it.
The thing with a houseboat, it is a depreciating asset.....it's like a motorhome or an expensive motor vehicle, every year it's worth less than it was the year before. We got a great deal on it when we bought it, it was only two years old and was part of a deceased estate. But we did have to borrow some money for the purchase and the first four years the return was good, and for days it wasn't rented out we had some great times on it with friends and family!
But once a boat gets to 8-10 years old they do get harder to rent. When people are paying out that much money for a few days, they want the latest and the best. So, as real estate, each year its maintenance costs rose and the returns diminished a bit so, once it's value fell below 250,000 we felt that money would be better put into shore based property which unlike a boat, rises in value every year.
Also, with each passing year it became a bit less user friendly for Ade with her MS. It was a nice part of our life Lorna but, good as times are, we do need to move on to suit our circumstances!
No regrets!
Cheers.........Rob
@Quincy