Houseboat Twice the Size of the Average London Home Lists for £1.65 Million
The unusual, three-bedroom property is moored on the River Thames by Wandsworth Park
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For nautically inclined house hunters, this London houseboat that’s floating just off the south bank of the River Thames, might be the ideal investment.
On the market for £1.65 million (US$2.1 million), the three-bedroom vessel is moored just next to Wandsworth Park, according to the listing with Knight Frank, which brought the unorthodox home to the market at the beginning of this month.
Knight Frank
Houseboats “rarely appear on the market, but when they do they attract a specific buyer who is after a unique way of living,” said Sarah Bennett, associate in Knight Frank’s Battersea and Riverside office. “This houseboat comes to market in excellent condition and contrary to any stereotypes, it is very spacious.”
At almost 2,000 square feet of living space, the houseboat is roughly twice the size of the average London dwelling, which, according to government statistics, is about 904 square feet. The two-story home has a light-filled reception room, a fully equipped kitchen and dining room, and three decks, including a sprawling roof terrace with city and water views.
Knight Frank
The bedrooms are on the lower level, and include a primary suite with a walk-in wardrobe and an en-suite bathroom—both of the boat’s two bathrooms are large enough to accommodate bathtubs—and a study, complete with wine storage, could easily be converted into a fourth bedroom, according to the listing.
Mansion Global couldn’t determine who owns the property, or when it last changed hands.
Other amenities include an automatic boat launcher, “offering ease of access for aquatic adventures,” and the mooring is securely gated and privately owned “so the houseboat comes with a share of the freehold of the mooring,” the listing said.
Knight Frank
Owning a share of the mooring gives greater security of tenure, unlike cruising licenses, where you have to move your boat regularly, Mansion Global previously reported.
Residents can also “enjoy external facilities that come with mooring rights such as access to the gym and swimming pool at [nearby] Prospect Quay,” Bennett said.
In London, houseboats “offer the remarkable experience of living right next to the action of city life whilst also being amongst nature, truly the best of both worlds,” she added.
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Strong rental fundamentals and tight supply have driven more than $155 million in Sydney apartment block and residential investment sales over the past year.
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Sydney’s residential investment market has recorded $155 million in apartment block and townhouse sales over 2025, underscoring continued investor confidence in rental-led assets despite broader economic uncertainty.
The transactions were completed by Knight Frank’s Investment Sales agents James Masselos and Adam Droubi, who negotiated 19 sales across Sydney during the year.
Residential investments accounted for 75 per cent of their total sales activity, supported by more than 4,200 active purchaser enquiries.
Co-living deal sets national benchmark
Among the standout transactions was the off-market sale of 142 Carillon Avenue in Newtown, a 37-studio co-living apartment block located close to the University of Sydney and Royal Prince Alfred Hospital.
The property sold for $21.5 million, setting a new benchmark for the living sectors market nationally.
The deal achieved approximately $581,000 per bedroom, believed to be one of the highest per-bedroom results recorded for a co-living asset in Australia.
Inner-city assets trade in one line
Other notable sales included a group of 12 townhouses at 108 Illawarra Road in Marrickville, sold in one line for $14 million, and a block of 20 studio apartments at 171 Rowntree Street in Birchgrove, which changed hands for $6.7 million.
Both transactions reflected strong buyer competition for well-located residential assets with established income streams.
Supply constraints underpin momentum
Mr Masselos said Sydney’s apartment block market continued to benefit from tight supply and strong rental conditions.
“Apartment blocks and broader residential investments remain a robust asset class, underpinned by strong rental growth, record low vacancy levels and scarcity of stock,” he said.
He added that more than $25 million worth of residential investment opportunities are expected to come to market in 2026, with buyer enquiry remaining elevated.
Mr Droubi said competitive sales campaigns had become a feature of the market as investors sought secure income and long-term value.
“Supply constraints and ongoing population growth underpin market strength,” he said. “New approvals and completions lag demand, keeping stock tight and boosting both rents and prices.”
Vacancy rates keep pressure on rents
According to Knight Frank, rental demand across Sydney remains intense, with vacancy rates well below typical “healthy” levels.
Many middle and outer-ring suburbs are recording vacancies of around 1.5 per cent or lower, maintaining upward pressure on rents and reinforcing the appeal of residential investment assets.
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