Converted Dutch barge overlooking Albert Bridge on the Thames in Chelsea for sale for £700,000 or £493 per square foot
With dark, dingy subterranean flats in Kensington and Chelsea selling for upwards of £2 million, buyers looking for something a little different could opt to live on the water for just £700,000 on a converted 98-foot long Dutch barge at Cadogan Pier on the Chelsea Embankment in SW3.
Featuring 1,419 square foot of internal accommodation in the form of 2 reception rooms, 3 bedrooms and 3 bathrooms and 390 square foot of usable outdoor deck space, the Babushka comes with a 5-year mooring licence and is subject to annual mooring fees of £26,082. It is on the market through Douglas & Gordon and described as being situated at “arguably one of the best locations on the Thames”.
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In this insane market it almost looks like a viable alternative, I wonder what happens at the end of the 5 year mooring licence?