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article imageUniversity student buys house boat to avoid accomodation costs

By James Walker     Sep 12, 2014 in Lifestyle
Charlotte Tindle was worried about facing living costs of £1,000 a month in Fulham, London, whilst studying at the London University Tech Music School - so instead she renovated a disused houseboat.
Although hardly conventional, Tindle seems to have been inspired by the idea of the project, saying “It was my dad’s idea, it is an investment really. We found one that was empty, we have renovated it. It was an empty shell before when we built it."
So rather than going through the usual process of using online services to find room mates, or indeed just gathering friends together, the family decided that it would be more economically feasible to renovate a three-bedroom narrow boat for their daughters' university accommodation needs. After her design consultant father had the idea, Miss Tindle spent the summer refurbishing the vessel, named Alleluja, and equipping it with a double bed, dining room kitchen, modern furnishing and fittings and technological amenities.
The boat has cost the family £37,000, approximately the same as renting student accommodation. Miss Tindle justifies the cost though by explaining that they will sell the boat when she finishes her course and that the money they receive will likely return a profit. She told the London Evening Standard "Student accommodation would have been £1,000 a month which would have been too much. It works out the same over three years, but hopefully we will sell it and make a little bit more than we paid for it. We would not have spent anything, it would be like getting the money back, instead of having a massive loan.”
Miss Tindle is now seeking a mooring spot for her boat in London, travelling from her Leicester home, before her university course starts.
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