Southerly 115 Sailboats for Sale

D. Carter/Rob Humphreys/Northshore Design Team·1984·Northshore Yachts
Southerly 115 drawingBuilder drawing
Hull Type
Monohull · wing
Rig
Masthead Sloop
LOA
36.83' · 11.23 m
Disp.
15,215 lbs · 6,901 kg
First year
1984

The Southerly 115 occupies a singular niche in the production cruiser world: a genuine shoaldraft bluewater capable yacht that does not ask its owner to compromise. Born from the same Dick Carter design office that shaped competitive IOR raceboats, the 115 carries that lineage into a 37foot centercockpit hull whose defining trick — a hydraulically operated swing keel — transforms it from shallowwater explorer to capable offshore passagemaker in seconds. It is a boat that earned its following in the estuaries and tidal flats of England, then quietly proved itself on the Gulf Coast of the United States and the Bahamas, precisely the waters that turn away most of the cruising fleet.

Market snapshot

Median asking · 12 mo
$ 83,438
Asking price · 45 listings
Recent listings · 90 d
16
45 tracked · 12 mo
3-month price trend
-34.4%
vs. 12-mo median
Countries with listings
6
United Kingdom (69.8%) · Netherlands (9.3%) · United States (7.0%)

Recent Listings

28 for sale · showing 10 newest

Southerly 115 Buyer's Guide

The Southerly 115 occupies a narrow but compelling niche in the used cruising market: a purpose-built shoal-draft bluewater boat with a swing keel that lifts hydraulically, twin rudders, and a centre cockpit layout — qualities that are genuinely rare in a 37-foot package. Anyone shopping for one is choosing the boat specifically because it can go where fixed-keel cruisers cannot, and that clarity of purpose should guide every step of the evaluation.

The design evolved through several mark versions over roughly two decades of production. The earliest Mk I boats carried a single shallow rudder matched to a triangular drop-keel profile; that rudder had a tendency to ventilate as the boat heeled, a known characteristic that led Northshore Yachts to bring in designer Rob Humphreys for a significant rework. The Mk II introduced twin rudders and a revised keel with greater depth and lift — the configuration that defines the line for most buyers today. Subsequent Mk III and Mk IV updates were largely above the waterline and changed interior arrangements and deck details rather than the sailing platform itself. If you have the choice, the twin-rudder Mk II and later marks represent a meaningful improvement over the original single-rudder design.

Layouts on the Used Market

Owner three-cabin arrangements dominate what you will find on the brokerage market. The typical layout places a forward cabin with over-and-under single berths rather than the V-berth common on production boats of this era, a spacious saloon amidships, and a commodious owner's aft stateroom aft of the centre cockpit — a berth that runs close to king-size and is the boat's signature interior feature. The navigation station is roomy, with a large chart table and generous instrument panel space. The galley sits to port forward of the companionway with ample counter area, an L-shaped configuration, and a front-opening refrigeration compartment. Headroom through the saloon is adequate beneath the raised cabintop, though the swing-keel trunk running through the interior does intrude into the galley counter area and sole space; this is worth understanding before you inspect, as it is structural rather than cosmetic.

Two-cabin versions do appear occasionally but are considerably less common than the three-cabin arrangement.

Equipment and Common Upgrades

Boats on the used market are generally well equipped by the standards of cruising sailors heading for tidal waters or extended passages. Chartplotters, radar, AIS, and autopilots are commonly fitted, reflecting the offshore-capable intentions of original and subsequent owners. Heating systems — both forced-air and solid-fuel types — appear with regularity given the boat's British origins and North Sea design brief. Bow thrusters are widely fitted across the fleet, and on the later Mk IV boats a joystick-controlled thruster was offered as factory equipment; given how the keel-up condition changes docking dynamics in a crosswind, a bow thruster is close to mandatory for single-handed or short-handed marina work. Teak decks are a frequent feature and should be examined carefully for delamination and fastener condition.

In terms of owner upgrades, biminis and dodgers are sometimes fitted — though the centre-cockpit layout and North Sea-oriented cockpit design can make installation and egress somewhat awkward, and it is worth checking the fit carefully. Furling mains and short-handed sailing packages appear frequently, reflecting the typical owner profile of a couple or solo sailor. Inverters, electric winches, spinnaker gear, and hot-water systems are less universal but surface regularly enough to be worth asking about. Life rafts are often carried and their service histories should be verified.

What to Inspect

The swing keel and its mechanical system deserve the most thorough attention on any survey. The cast-iron keel and integral grounding plate are susceptible to rust working through primer and barrier coats over time and require periodic refinishing. Inspect the keel surfaces carefully when the boat is hauled, and get the hydraulic system tested through full travel — the mechanism itself is relatively simple, but any leaks, slow response, or resistance in the pennant system are red flags. On older hulls, confirm that the keel trunk sealing and the fiberglass floor pan around the keel well are sound and uncracked.

The hull below the waterline is solid hand-laid fibreglass, while the topsides and deck are balsa-cored; probe the deck carefully for delamination and soft spots, particularly around chainplate areas, deck hardware, and hatches. Light-coloured gelcoat — particularly light-blue options — has shown a tendency to fade and craze faster than traditional white, so expect some weathering on coloured topsides.

The conventional shaft seal installed at the factory used a light-gauge bronze hose barb that becomes brittle with age — check this carefully and budget for replacement if it has not been addressed. GFCI outlets were not original equipment, so the interior electrical system may not meet current safety expectations and should be evaluated by a marine electrician, particularly if the boat has been brought to North American waters where those standards apply.

On the rig, the Seldén double-spreader aluminium mast is deck-stepped with a compression post through the cabin; inspect that post and its bearing surfaces for any rot or compression damage. The chainplates are inboard toward the cabin trunk and should be checked for signs of leaking or corrosion at their deck penetrations. The Whitlock cable-and-quadrant steering is generally considered robust, but cables, sheaves, and quadrant condition all warrant inspection on older boats. Mk I single-rudder examples deserve particular scrutiny of the rudder bearings and stock, as that design was retired for a reason.

Availability and Buyer's Takeaway

The Southerly 115 is most widely available in the United Kingdom, the Netherlands, Germany, and Belgium, where the majority of the production fleet has always been concentrated. A secondary market exists in the Mediterranean, particularly Greece. North American inventory is thinner — boats do appear along the US East Coast and Gulf Coast, drawn by the obvious appeal of Florida's shallow cruising grounds and the Bahamas, but they are uncommon enough that patience is required and transatlantic acquisition should be considered a realistic option.

For a buyer who genuinely needs the capability — tidal harbours, drying anchorages, the Gulf Coast, the Bahamas — the Southerly 115 remains one of the few production boats in this size range that delivers genuine shoal-draft cruising without significant performance compromise. Aim for a Mk II or later with twin rudders already fitted.

Before committing, verify the following:

  • Swing keel through full hydraulic travel, keel surfaces inspected for rust and barrier coat condition
  • Keel trunk sealing and fiberglass pan around the keel well
  • Deck coring integrity, especially around chainplates, hatches, and all deck hardware
  • Shaft seal and hose barb condition
  • Compression post and its bearing surfaces above and below
  • Chainplate condition and deck penetrations for signs of weeping
  • Electrical system review for safety compliance, including GFCI protection
  • Bow thruster function and service history if fitted
  • Life raft service records and certification status
  • Teak deck fastener and sealant condition if fitted
  • Rudder bearing condition, particularly on Mk I single-rudder examples

Where they're listed

Southerly 115 listings appear across 6 countries. United Kingdom has the most listings with 30 (69.8%), followed by Netherlands and United States.

Median ask by country
USD · past 12 months
Share of listings
Count · past 12 months

Country view

43 listings · 6 countries
CountryMedian askListings · 12 moActive · 90 dShare
United Kingdom$ 60,075301269.8%
Netherlands$ 81,676429.3%
United States$ 125,000307.0%
Belgium$ 119,838204.7%
Germany$ 104,727204.7%
Greece$ 33,308204.7%

Comparable models

Similar length, displacement, and era. Open a row to compare that model's market page.

Similar boats to compare

8 similar designs
ModelLOAMedian askListings · 12 moActive · 90 d
Southerly 115You are here$ 83,4384516
SOUTHERLY 10033.75'$ 36,045231
Southerly 42042.19'$ 496,883163
Southerly 3232.71'$ 134,324100
Hinckley Sou'wester 42/4342.75'$ 210,00081
Southerly 10535.43'$ 45,24983
Southerly 135 Mk II44'$ 287,02672
SOUTHERLY 42 Rst42.19'$ 333,74472

Frequently asked questions

01How much does a used Southerly 115 cost?+
The median asking price for a used Southerly 115 over the past 12 months is $83,438. Prices vary by condition, year, equipment, and location.
02How many Southerly 115 sailboats are for sale?+
16 Southerly 115 listings have gone live in the last 90 days, and 45 have been tracked across the past 12 months.
03Are Southerly 115 prices going up or down?+
The median asking price for the Southerly 115 is down 34.4% over the last 3 months compared with the 12-month median.
04Where are Southerly 115 sailboats for sale?+
The top markets for used Southerly 115 listings over the past 12 months are United Kingdom (69.8%), Netherlands (9.3%), United States (7.0%).
05Do Southerly 115 listings get price reductions?+
About 78% of Southerly 115 listings have had a price reduction, with an average discount of 12.7% off the original ask. If a listing has been on the market for more than 90 days without a cut, the seller may not be in a hurry.
06What should I look at instead of a Southerly 115?+
Comparable models include SOUTHERLY 100, Southerly 420, Southerly 32. Use the comparison table above to check pricing and availability.