A floating island home for sale on London’s River Thames offers a rare opportunity to escape and join one London’s creative colonies. Taggs Island is half a mile downstream from Hampton Court Palace. It is home to 62 houseboats that are owned by writers, artists, and musicians. Pink Floyd’s David Gilmour purchased one of these boats in 1986 and turned it into Astoria, a floating recording studio. The Boathouse is one of the island’s most luxurious homes. It features three bedrooms and a roof terrace. The boat also has a private garden. Water Side Residential has it for sale at a price of GBP545,000. GBP545,000: Three-bedroom houseboat for Sale at Taggs Island in Hampton. / Water Side residential. The Water Side Residential listing states that Taggs Island can be accessed from the Hampton Bank and is just a short walk from the mainline station. There are many bars, cafes, restaurants and other nearby attractions as well as the historic Hampton Court Palace. “Boat-builder Thomas Tagg first moved to Taggs Island in mid-19th century. He made it a resort for British high society. In the early Eighties, a lagoon was created at the island’s centre, which allowed for more houseboats. The floating homes on the island are a mixture of architectural styles. It is the only Thames island accessible by road bridge and no new houses can be built there. The Boathouse comes with a 20-year renewable licence that is estimated to cost around GBP10,000 per year. This includes maintenance costs for the bridge. Each houseboat has its own parking space. READ MORE A Dutch barge with mooring close to Tower Bridge is up for sale for less money than its current owners spent renovating. It was 3,000 square feet in size and had a 125ft riverfrontage mooring. However, there are occasional deals for those who want to move up the floating property ladder. A two-bedroom houseboat with two bedrooms was sold last year for GBP375,000. It came with a roof terrace and garden, as well as a 20-year mooring license.