Princess 45 – “Cloren III” A Truly One-Off, Extensively Refurbished 1988 Princess 45 – £95,000 Introducing “Cloren III,” a remarkable 1988 Princess 45 that has been extensively refurbished, renewed, and modernised by her current owner over the past two years. This is a genuinely one-off opportunity. The extent of the refurbishment and renewal undertaken on “Cloren III” is exceptional for a yacht of this age, with virtually every aspect of her interior, exterior and equipment having been carefully upgraded. The result is a classic Princess 45 that offers the character and proven design of a 1988 yacht, combined with the appearance, comfort and facilities of something far newer. Step aboard and you could easily mistake her for a 2018 yacht. The interior has been completely transformed into a bright, stylish and exceptionally comfortable living space, with new finishes, upholstery, lighting, galley equipment, heating, entertainment systems and much more. It is highly unlikely that another Princess 45 of this age and specification will come to market in comparable condition any time soon. “Cloren III” is therefore a rare opportunity for someone looking for a classic Princess that has already had the considerable time, effort and investment put into bringing her up to modern standards. The Princess 45 has become a true classic, combining timeless elegance with impressive performance. Her Bernard Olesinski-designed deep-V hull is renowned for its stability, handling and comfortable passage-making in a wide range of conditions. She is powered by twin Caterpillar CAT 3208 inboard diesel engines, each producing 375 hp, providing ample power and dependable cruising performance. The engines have been fully serviced and the engine room has been freshly cleaned, with the engines repainted. Accommodation is provided for up to six guests, with two well-appointed cabins and two heads, making her ideal for extended cruising, weekend escapes or comfortable living aboard. An Exceptional Level of Refurbishment “Cloren III” has benefited from an extensive programme of refurbishment and upgrades since 2024, with the aim of renewing and modernising virtually every area of the yacht. The work includes new upholstery throughout, refurbished saloon and helm areas, a completely renewed galley, refurbished heads and cabins, new heating, lighting and entertainment systems, extensive exterior works, renewed safety equipment and significant mechanical upgrades. The full list of works includes: Exterior & Deck
All batteries replaced
Hull taken out of the water
New anti-foul and anodes
Hull and topsides compounded and polished
All brightwork polished and refurbished
Saloon side and aft glazed doors tinted
New flybridge upholstery
New flybridge table
New flybridge and seating covers
New Iroko steps to flybridge
New aft-deck upholstery
New aft-deck teak table
Two rattan aft cockpit deck seats
Aft-deck cockpit canopy
New shore-power cable with integrated meter Tender & Safety Equipment
Tender with Suzuki 2.3 hp outboard engine – approximately 15 hours
Life raft
New fire extinguishers
New smoke and carbon-monoxide alarms
Boat Safety Certificate valid until June 2029
River Licence in place Mechanical & Engineering
Twin Caterpillar CAT 3208 engines, 375 hp each
Engines fully serviced
Engine room freshly cleaned
Engines repainted
New stern glands
New fuel lines
Fire-protection bowls added to fuel filters
Four new bilge pumps with switches Saloon & Interior The saloon has undergone a complete refurbishment, including:
Renewal of all surface upholstery
New panels and ceiling finishes
New interior lighting
Refurbished helm seat and dashboard panel
Refurbished leather steering wheel
New saloon blinds
New curtains
New hi/lo TV cabinet with new TV
New saloon wine fridge
New saloon teak table
New wall-mounted TV
New ceiling and wall panels
New under-counter electric heater
Two new warm-air heaters Galley The galley has been completely renewed and includes:
New worktops
New fridge with freezer compartment
New electric oven and grill
New induction hob
New sink, drainer and mixer tap
New lighting Heads / Shower Rooms Both WC and shower rooms have been refurbished, including:
New lighting
New worktops
New mixer and shower taps
New mirrors
New blinds
Electric WCs Cabins
Main and guest cabins refurbished A Rare Opportunity Finding a classic Princess 45 is one thing; finding one that has been so comprehensively refurbished and modernised is quite another. “Cloren III” offers the best of both worlds — the timeless lines, build quality and renowned Olesinski hull of a classic Princess, together with a thoroughly modernised interior and extensive recent investment. For anyone considering a Princess 45 as a liveaboard, river cruiser, coastal cruiser or sea-going motor yacht, this is an opportunity that deserves serious consideration. Given the sheer extent of the work already completed, it would be extremely difficult to replicate this yacht to the same standard without a significant investment of both time and money. With so much already renewed, she is ready for her next owner to simply step aboard and enjoy. “Cloren III” is not just another Princess 45 — she is a genuinely unique example and a rare opportunity to own a classic Princess that has been lovingly brought into the modern era. It is unlikely that another one like her will be available again any time soon. Asking Price: £95,000 - Video available upon request.