Are narrowboats a good investment?
Owning a narrowboat or a widebeam canal boat is a great investment as it allows you to access the beautiful canals in the UK and gives you the freedom to travel the country whenever you decide.
Is living on a narrowboat cheap?
Is living on a narrowboat cheaper than living in a house? ‘Yes’ – for most people. Boats are generally cheaper to buy or rent, buy an old cruiser for a few hundred pounds! Moorings usually are cheaper than property taxes, even free as long as you keep cruising!
Do narrowboats keep their value?
9.5 If you don’t like the idea of a canal boat depreciating in value, the best thing to do is to buy one that is at least a couple of years old. Usually, most of the depreciation happens in the first 5 years or so. When you buy a second hand narrowboat you are bypassing a lot of that major first step of depreciation.