Living With Our Rapido 963f Le Randonneur Motor Home.

Monday, 31 October 2011

The current state of the market

I constantly monitor how things are doing in the new boat sales and used brokerage market. Associated businesses continue to cease trading, (so it is now even more important to ensure your money is safe when embarking on any large purchase). However, the current situation seems to be that if you are in the market for a used boat, now certainly appears to be the time to buy. On the other side of things, I pity the poor seller....


This is how our own boat appeared on the broker's advert back in 2008......

This is my own photo from 2009 not theirs.
See Boatfinder brokerage website for current sales....this was the broker who handled our purchase.

• Lockers, cratch and cover to well deck
• 35hp, Yanmar Shire Marine diesel engine
• Spacious, professional fit-out in Oak
• Sterling 1800w inverter
• Battery charger
• Battery management system
• Stainless steel water tank
• Spray-foam insulation
• S/F stove
• Gas fired central heating

BROKER’S SUMMARY
57ft Semi-Trad style narrowboat. 10/6/5/4mm steelwork by Dragon Narrowboats.
Full professional fit-out in Oak also by Dragon Narrowboats. Powered by a 35hp,
Yanmar Shire Marine diesel engine.
This immaculately kept and maintained boat is a real gem. She has been loved
and cherished as a live-aboard but her low engine hours show that she has not
been extensively cruised. Her layout is light, fresh, spacious and well planned.
Only recently docked and blacked and equipped with a good inventory her new
owners will have little to do or spend. Just get on and go.
BSSC to January 2012. Rural Cheshire mooring possible, subject to land-owner
approval of the new owners.
Asking Price £47,500
From the bow which has a steel gas locker, there is a 5’4” self-draining well
deck with wooden cratch frame, zipped and studded vinyl cover and an
opaque window to the front. There are lockers/seats with padded cushions to
either side of the well deck. The 364 litre stainless steel water tank is located
beneath the well deck with a surface mounted filler. The headlamp is mounted
on the front of the cratch frame.
Steel, half-glazed front doors, wood lined
internally open out onto the front deck with a
box-step leading down into the open plan
lounge.
Fixed Furniture: 2 x half-height corner
cupboards.
Loose Furniture: 2 x leather recliner chairs
with matching foot stools. Butterfly dining
table and four folding chairs.
LOUNGE 12’ 7”
FROM THE BOW
GENERIC FIXTURES AND FITTINGS
The ceilings and cabin sides are lined with Oak veneered plywood and trimmed with solid Oak. Hull sides are lined with
Aqua coloured twist pile carpet. Doors, fixed furniture and bulkheads are constructed from Oak veneered plywood and
trimmed with solid Oak. All interior wood has been varnished to a gloss finish. Flooring throughout is quality Oak effect
laminate except in the bathroom which has stone effect ceramic floor tiles. There are curtains or blinds to all windows.
Heating: Squirrel, solid fuel stove set on a
ceramic tiled hearth and surround. 1 x large
central heating radiator.
Lighting: 2 x windows with top hopper style
opening vents. 6 x 12v, ceiling-mounted,
round lights.
Power: 4 x 240v sockets. 2 x 12v sockets. 1
x TV aerial socket.
The galley has custom built units in Oak with grey melamine worktops
edged in Oak.
Base Units: 1 x double base cupboard that extends into the corner. 1
x drawer unit with 5 drawers and built in wine rack. Fridge housing.
Cooker space.
Wall Units: 1 x double wall cupboard.
Appliances: Slot-in, Country Leisure four burner gas cooker with
separate oven and grill, glass splash-back/lid. 12v, LEC 4.4 cu/ft
fridge. Stainless steel inset sink and drainer with a white monobloc
mixer tap.
Lighting: 2 x windows with top hopper style opening vents. 4 x 12v,
ceiling-mounted, round lights.
Power: 2 x 240v sockets.
GALLEY 7’ 2”
SHOWER ROOM 6’ 2” x 4’
The cabin shower room has a white suite comprising:
Suite: Ceramic tiled shower enclosure with chrome shower attachment
and mixer tap. Vanity unit with inset wash basin, chrome taps and a
cupboard beneath. Tecma, mascerator pump-out toilet. Spare Porta-
Potti toilet.
Lighting: 1 x window with top hopper opening vent and privacy glass and a
further window in the corridor. 1 x roof vent/skylight. 2 x 12v, ceilingmounted,
round lights and a further light in the corridor.
Flooring: Stone effect ceramic floor tiles.
Storage: Cupboard with 3
large shelves and space for
spare toilet.
Heating: 1 x central heating
radiator.
Power: 2 x 240v sockets in
the corridor.
Lighting: 2 x windows with top hopper style opening vents. 1 x roof
vent/skylight. 4 x 12v, ceiling-mounted, round lights.
Heating: 1 x central heating radiator.
Furniture: 6’4” x 4’ fixed double bed with three large storage drawers
and the waste tank beneath. 1 x full height double wardrobe. 1 x
double over-bed cupboard.
BEDROOM 9’ 10”
UTILITY 4’ 8”
Aft utility area with large storage cupboard with shelves, housing the calorifier in the
base. Cupboards housing the gas boiler and the electrical hardware.
Lighting: 1 x window with top hopper style opening vent. 1 x roof vent/skylight. 1 x
12v, ceiling-mounted, round light.
Power: 2 x 240v sockets.
SEMI-TRAD DECK 5’ 2” & STERN 2’ 8”
Steel rear doors, wood lined internally with sliding roof hatch
lead from the aft utility room to the semi-trad deck where the
engine and batteries are housed under the floor panels.
There is a steel locker/seat to the starboard side.
Controls: The single lever engine control is mounted just
inside the semi-trad deck on the port side.
SPECIFICATIONS
HULL & SUPERSTRUCTURE
Built in 2004
Semi-Trad stern style
10mm/6mm/5mm/4mm steel plate thicknesses
BUILDER
Steelwork and fit-out by Dragon Narrowboats.
INSULATION
Spray foam insulation behind the cabin linings.
BALLAST
Steel and bricks under the floorboards.
DIMENSIONS
Overall Length: 57’
Cabin Length’: 40’ 10”
Width: 6’ 10”
Interior Headroom: 6’ 4”
Well Deck: 5’ 2”
Draught 1’ 9”
WINDOWS, DOORS & HATCHES
Port side: 5 x anodised aluminium framed windows with top hopper
style vents.
Starboard side: 4 x anodised aluminium framed windows with top
hopper style vents.
Front: Steel hatch on bow locker. Steel, 1/2 glazed front doors, wood
lined internally.
Rear: Steel rear doors, wood lined internally with sliding roof hatch.
Roof: 3 x roof vent/skylights.
GAS
2 x 13kg Propane cylinders housed in the bow locker, provide gas to
the boiler and gas cooker.
WATER
346 litre stainless steel water tank located beneath the well deck.
Water pump with pressure switch and accumulator located under the
shower room floor. Twin coil calorifier heated by the Alde gas fired
boiler and/or the engine heat exchanger.
HEATING
Heating is provided by the Squirrel, solid fuel stove in the lounge and
the Alde gas fired central heating boiler running 3 radiators.
ELECTRICS
240v circuit from landline with RCD.
12v lights throughout protected by fuses.
2 x 12v, engine driven alternators, 70 amp/hr and 50 amp/hr.
1 x 12v, 50 amp/hr engine start battery.
2 x 12v, 110 amp/hr deep cycle leisure batteries.
Sterling 1800w inverter.
Battery charger.
Battery management system.
SAFETY
3 x 1kg Dry Powder extinguishers
1 x Fire Blanket
1 x Carbon Monoxide Detector
EXTERIOR FINISH
Professionally painted in 2004 by Nantwich Canal Centre using quality
coach enamels and due to care and maintenance this is still in
excellent condition. Last docked for blacking in June 2008. The hull is
protected by four sacrificial anodes and a galvanic isolator.
ADDITIONAL ITEMS OF INVENTORY
The boat comes equipped with a normal cruising inventory including a
full set of ropes and fenders. Any additional items not listed must be
negotiated separately with the owner.
ENGINE & TRANSMISSION
Powered by a Yanmar Shire 35hp, 4 cylinder, marine diesel engine
coupled to a hydraulic Newage PRM 150 D2 gearbox with 2:1
reduction, turning the propeller. The exhaust is lagged, silenced and
vents out from under the side deck.
The engine powers two 12v alternators to charge the start battery and
the two leisure batteries.

We had been looking to buy our own narrowboat since 2005, and had been all over the country viewing boats at various brokerage offices. We were in the market for a used boat, not too old, and in the best condition, fitting a basic criteria. At that time we ascertained that nothing half decent was available for under £50k. We looked at some horror stories, including one 1999 40 foot example on the Leeds and Liverpool Canal. It looked OK on the outside, but inside.....you have never seen anything like it. The broker's asking price for that was £39,995. It required gutting and starting again.

We eventually opted for Kelly Louise, having had our offer of £46K accepted in early 2009. She had seen little use and was presented in exceptional condition, with the benefit of being able to take her existing mooring. Some of her equipment wasn't ideal, such as only having two batteries available to supply the cabin requirements, but, I concluded that she would be suitable for our own requirements, which was occasional cruising, with weekend visits on the home mooring shore power.

Today, in contrast, there seem to be bargains galore out there, as owners are apparently struggling to offload their boats. One example is this.....NB Earlies
I am confident that something like this could never have been found at this price back in 2005. The cottage interior might not be to all tastes, but the hull builder and fit out are both high quality. The boat has also had only one private owner, and has seen little use.
See Swanley Bridge Marina for other boats for sale and the services offered there.

I would like to think that this boat could be obtained, blacked, licensed, and then used for the next five years  to be sold at no loss or even a small profit.

I don't think I will be selling Kelly Louise just yet.

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