Neil_Y
Well-Known Member
Only £5500, that must be a bargain.
Somebody must want this boat
- Thread starter Neil_Y
- Start date
Only £5500, that must be a bargain.
martyn78
Well-Known Member
There has to be a 'catch' for that price - she is truly beautiful.
Martyn
Martyn
CAPTAIN FANTASTIC
Well-Known Member
It looks like a wooden boat. No thanks; it may look nice and romantic but the maintenance of a wooden boat is huge; you need time, money and skill, well above that required for a plastic yacht.
Neil_Y
Well-Known Member
I came across the boat on ebay this morning, if I had time and less boats... She looks sorted and cared for one of the better wooden boats I've seen.
http://www.ebay.co.uk/itm/Sailing-b...Boats_ET&hash=item1c30226272&autorefresh=true
http://www.ebay.co.uk/itm/Sailing-b...Boats_ET&hash=item1c30226272&autorefresh=true
Rossynant
Well-Known Member
TimBennet
Well-Known Member
There's no shortage of wooden boat expertise and people who want wooden boats these days. The classic yacht revival is still surprisingly robust and the training collages have been churning out highly skilled people for the last 25 years. There's also good money to be made if you are skilled enough and are working on the right project.
But you have to look at the market. The market likes boats with pedigree and to a known designer and one that is substantial enough to financially make the investment worth while. There's a real shortage of these boats and that's why there's so much new build taking place in the larger sizes as the supply of restorable classics dries up.
But in the 4 /5 / 6 ton TM sizes, they were made in the UK in their thousands. The ones with pedigree (Harrison Butler, McGruer, Hillyards, S&S, Stellas, some folkboats, etc) have some value, but those built by local yachts to little known designers will always struggle. You see boats advertised as being 'after Harrison Butler', which are only worth a fraction of those that are known to actually be by him.
So if your boats doesn't sell at any given price, it is unfortunately not worth that much. A hard truth, but true all the same.
But you have to look at the market. The market likes boats with pedigree and to a known designer and one that is substantial enough to financially make the investment worth while. There's a real shortage of these boats and that's why there's so much new build taking place in the larger sizes as the supply of restorable classics dries up.
But in the 4 /5 / 6 ton TM sizes, they were made in the UK in their thousands. The ones with pedigree (Harrison Butler, McGruer, Hillyards, S&S, Stellas, some folkboats, etc) have some value, but those built by local yachts to little known designers will always struggle. You see boats advertised as being 'after Harrison Butler', which are only worth a fraction of those that are known to actually be by him.
So if your boats doesn't sell at any given price, it is unfortunately not worth that much. A hard truth, but true all the same.
jamie N
Well-Known Member
So if your boats doesn't sell at any given price, it is unfortunately not worth that much. A hard truth, but true all the same.
I looked at the spec of the boat and reckon that the owners had a bit of luck here in receiving no bids.
Could it be that the 'other 1/2' was demanding economies after Xmas and the boat "has to go"?
I looked at the spec of the boat and reckon that the owners had a bit of luck here in receiving no bids.
Could it be that the 'other 1/2' was demanding economies after Xmas and the boat "has to go"?
Boo2
Well-Known Member
TQA
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Have you ANY idea how much it costs to do some replanking on a boat like that?
Say a garboard plank and a couple of of others. Oh yes and sistering a few cracked frames.
What about the rusted out steel mast step too?
Negative equity my friend, negative equity is easily attainable.
Say a garboard plank and a couple of of others. Oh yes and sistering a few cracked frames.
What about the rusted out steel mast step too?
Negative equity my friend, negative equity is easily attainable.
bedouin
Well-Known Member
The answer is in the ebay advert - £20,000 paid in work and still only worth £5,500
PhillM
Well-Known Member
I own a wooden boat. £2.75k to buy and about £20k to refit.
Not economically viable BUT worth every penny.
I have touched and can repair every part of my boat.
My "team" (shipwrights / engineers / sailmaker/ carpenters etc) have taught me so much. I have had a 3 year apprenticeship in boat maintainence.
My personal view is that seamanship comes from knowledge and if you own a wooden boat you need to be prepared to learn.
I have seen this boat a couple of times. It's worth every penny and it deserves an owner who is willing to take on stewardship of a piece of our maritime history.
Anyway, what else would you be doing all winter?
Not economically viable BUT worth every penny.
I have touched and can repair every part of my boat.
My "team" (shipwrights / engineers / sailmaker/ carpenters etc) have taught me so much. I have had a 3 year apprenticeship in boat maintainence.
My personal view is that seamanship comes from knowledge and if you own a wooden boat you need to be prepared to learn.
I have seen this boat a couple of times. It's worth every penny and it deserves an owner who is willing to take on stewardship of a piece of our maritime history.
Anyway, what else would you be doing all winter?
Rossynant
Well-Known Member
Sunbathing in Canaries? Sad to say so, this boat indeed deserves dedicated lover.
But speaking of price - compare http://yachts.apolloduck.com/display.phtml?aid=281096
Similar, traditional longkeeler of moderate draft, about the age, same price. Not so upkept and will require about the same money over next 5-10 years, though may require it right away. But bigger, more room, plastic, already in sunny locality to serve as vacation home...
Most people interested in cheap boat this size want them for sailing, many are beginners, not ready to spend much money, or time, in case they don't like it. So imagine them hitting some pontoon or rock, damaging hull:
With plastic one day job to patch up, anybody in any place will do it if owner has no time to spare; cheap.
with wood, hmm... owner might be left with no boat to sail for rest of the season.
And so nice wooden boats wait for a willing owner; some in vain...
Woodlouse
Well-Known Member
It's a nice boat, well maintained for a very reasonable price. If I was looking for such a boat, I would not be looking for it on ebay and I think the same goes for most others. Someone will buy her, probably through a broker in Woodbridge. It might not sell quickly, but then very few boats do regardless of what they're made of.
KREW2
Well-Known Member
I bet she smells very nautical down below.
Zagato
Well-Known Member
Seems the right price to me... but I wouldn't touch it with a barge pole.
I liked the look of a lovely Stella that had been completely refurbished which was on the market for 7.5K. It wasn't selling so the price dropped to 6K, it probably went for about 5.5K - it's wood
Instead I bought a GRP Folksong in beautiful condition, fully loaded with near new Yanmar engine for 5.5K, much less of a financial/maintenance worry but I would love a wooden boat if I had the guts and money to maintain it! Not for me then unless it 12' long...
I liked the look of a lovely Stella that had been completely refurbished which was on the market for 7.5K. It wasn't selling so the price dropped to 6K, it probably went for about 5.5K - it's wood
Instead I bought a GRP Folksong in beautiful condition, fully loaded with near new Yanmar engine for 5.5K, much less of a financial/maintenance worry but I would love a wooden boat if I had the guts and money to maintain it! Not for me then unless it 12' long...
wotayottie
Well-Known Member
Absolutely right. Got to say £5500 for something like that doesnt strike me as a bargain at all.
Seajet
...
As mentioned, she looks a good boat deserving a good home.
She also looks like she has a centreboard which is usually handy as long as it's accessible for maintainance.
I agree she won't get far on E-Bay, ought to be in 'Classic Boat' etc, I hope she does well, we need boats like her around.
She also looks like she has a centreboard which is usually handy as long as it's accessible for maintainance.
I agree she won't get far on E-Bay, ought to be in 'Classic Boat' etc, I hope she does well, we need boats like her around.
Paddingtonbear
Well-Known Member
Should be put up for sale with Wooden Ships Brokerage. I am extremely proud to say that I have a wooden boat and yes it has nearly broken me financially but that was/is down to a surveyor. But what fun
