Rare floating home for sale at anchor on Thames Island for £545,000

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The rare opportunity to run away and join one of London’s creative colonies comes in the form of a floating island home for sale on the River Thames.

Taggs Island, named for 19th-century boat builder Thomas Tagg, is half a mile upriver from Hampton Court Palace and is home to a community of 62 houseboats owned by artists, writers and musicians. Pink Floyd’s David Gilmour bought one in 1986 and converted it into an Astoria floating recording studio.

Now for sale is The Boathouse, one of the island’s largest houses – a Three bedroom houseboat with roof terrace and private garden in a quiet lagoon. It is priced at £545,000 by Water Side Residential.

£545,000: the three bedroom houseboat for sale on Taggs Island in Hampton

/ Waterside living

According to the Water Side Residentials listing, “Taggs Island is accessible from Hampton Bank and is a short walk from Central Station and the many nearby bars, cafes and restaurants, as well as historic Hampton Court Palace.”

Boat builder Thomas Tagg moved to what is now Taggs Island in the mid-19th century and transformed the island into a pleasure resort for British high society.

The island fell into disrepair after World War I, but in the early 1980’s the center of the island was excavated to create a lagoon to make room for more houseboats.

Today, the island’s floating houses are a mix of architectural styles. No new houses are allowed to be built on the island and it is one of the few Thames islands that can be reached by a road bridge. The boathouse comes with a 20-year renewable license expected to cost around £10,000 a year, which includes bridge maintenance costs. Each houseboat on the island has an assigned parking space.

Many of the island’s floating homes are high-end, such as a five-bedroom Modernist houseboat that hit the market for £1.85m. It had a 3,000-square-foot glass pavilion and a 125-foot riverfront mooring

However, there are occasional bargains for those looking to climb the floating real estate ladder. Last year a two bedroom houseboat sold for £375,000 complete with roof terrace, garden and a 20 year mooring licence.

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