London houseboat on the market for £1m

A houseboat moored in one of London's most desirable neighbourhoods has gone on the market for £1m.

The three-bedroom vessel is docked at Cadogan Pier, by the Albert Bridge in Chelsea, west London.

The 1,388 sq ft boat, named Ocean, is thought to be the most expensive houseboat offered in London.



Estate agent Ian Brownridge said: "People love it but they find it difficult to get their head around spending £1m on a boat."

The price works out at about £720 per sq ft. That compares with a price tag of about £1,000 per sq ft for a flat in the vicinity.

The boat has a kitchen and dining area, a reception room, a study and a utility room.

Full details here.