aquaplane
Active member
£5K I would say is a rather low budget for a yacht of that size. I would guess a boat that cheap could need a lot of labour time spent on it to make safely useable, so I would advise to be prepared. When you spend labour time on a yacht you are usually spending money on parts at the same time. For example it might need: new sails, new engine, new standing rigging, new running rigging, new windows or resealing, all the deck fittings sealant could need replacing, new anchor and chain, new electronics and VHF, new headlining, varnishing odd bits outside and some inside, re upholstery of a few bunk cushions, new water tank, propeller, shaft, cutlass gland, replacing mouldy water pipes, gas installation and cooker to be made safe by gas installer, new mooring lines, new jackstays, mainsheet track (if fitted) wheels worn out, minor (maybe even major) underwater hull repairs. Then if very unlucky there is painting of faded hulls and topsides, soggy deck balsa repairs. As you can see from the posts on this web site where owners are asking for advise on quite expensive or tedious jobs, All of these things needing doing are I suggest are not unusual for old yacht ownership but if unlucky the previous owner could have saved all of them up as special surprise for the next owner. I am on my 4th boat/yacht ownership so far and recall my 1970s Iroquois catamaran needed I think almost everything I have mentioned above doing, plus replacing drop keel boards, rebuilding rudders and osmosis treatment.
I'm glad I don't sail with you, you are so doom and gloom we would never leave port.