Back to top

1982 Island Plastics IP 24 Terrier

Burnham-on-Crouch, United Kingdom


The IP 24 Terrier is a very practical motorsailer similar to the Fisher 25 or Colvic Watson 26, fitted with a cast iron keel for improved sailing performance. Fair Way is full of charm and character, well suited to exploring the East coast but equally at home in more challenging conditions such as the West coast of Scotland. She is presented in very good condition for her age, was built to a high standard by her first owner with a well thought out layout and comes with a detailed ownership file. 

Viewing by appointment only through our Essex office on (01621) 785600

Basic Boat Info

Price: £8,995
Boat Name: Fair Way
Make: Island Plastics
Model: IP 24 Terrier
Year: 1982
Condition: Used
Category: Sail
Builder: Mike Tilney Boats
Designer: Frederick Parker & Bill Waight
Construction: Fiberglass
Keel Type: Full Keel


Length: 24 ft
Length Overall: 23'9 ft
Waterline Length: 20'9 ft
Beam: 9'1 ft
Max Draft: 3'3 ft
Displacement: 4,500 kg

Engines / Speed

Engines: 1
  • Make: Lister Petter
  • Model: STW2M
  • Drive Type: Direct
  • Fuel: Diesel
  • Engine Power: 20hp
  • Type: Inboard
  • Propeller Type: 3 Blade, Bronze
Cruising Speed: 5 kn
Maximum Speed: 7 kn


Fuel Tanks: 1
Fuel Tank Capacity: 80 L
Water Tanks: 1
Water Tank Capacity: 180 L

The accommodation offers 4/5 berths in two cabins with approx. 5'10ft headroom. Forecabin with twin V berths and infill to create a double with Lavac marine toilet and stowage beneath, opening hatch to foredeck and stowage areas. Concealed stainless steel wash basin with manually pumped cold water supply, mirror and further storage at cabin bulkhead. Large hanging locker opposite to starboard. Saloon with L-shaped seating area and table to port which could be adapted to convert to a small double berth, and further quarter berth aft to starboard with removable chart area above. Linear galley equipped with a 2-burner gas cooker with grill and oven, stainless steel sink with cold water supply and ample stowage in various lockers around the cabin. Open backed wheelhouse with helm position to port, wraparound cockpit seating with lockers beneath and tiller position.

Mechanical Systems

Located beneath wheelhouse sole, Lister Petter STW2M 2-cylinder 20hp diesel engine. Seawater cooled. Single lever controls with electric start. Hydraulic wheel and tiller steering. Shaft drive to 3-bladed fixed propeller. 80 litre fuel tank. Full engine instrumentation.

Electrical Systems

2 x 12v Batteries charged via engine alternator. Electrical distribution panel. Full cabin lighting.

Sails and Spars

Masthead Bermudan sloop rig. Gold anodised aluminium mast and boom by Proctor. Spinnaker pole. Stainless steel standing rigging. Terylene running rigging. Roller reefing mainsail. Rotostay headsail furling system. 2 x Lewmar 16 sheet winches (new 1996). Gibb halyard winch. 

  • Mainsail - Hyde - very good
  • Furling Genoa - Hyde - very good
  • Storm jib - Hyde - very good
Deck Equipment
  • CQR anchor with 36m chain and 45m warp
  • Kedge anchor
  • Lofrans Royal manual anchor windlass
  • Stainless steel pulpits, pushpits and stanchions
  • Stainless steel swim ladder
  • Fenders and warps
Navigation Equipment
  • NASA Clipper digital compass (new 1998)
  • VHF radio with speaker
  • NASA Clipper depth sounder (new 1998)
  • NASA Clipper speed/log (new 1998)
  • NASA Clipper wind instrument (new 1998)
  • Humminbird Piranha 2 fish finder (new 2002)
  • Clock and barometer
  • Navigation lights
Safety Equipment
  • First aid kit
  • Horseshoe lifebuouy
  • Floating light
  • Manual and electric bilge pumps

IP 24 Terrier motorsailer with deeper keel and taller rig, built to a very high standard by her first owner on professional mouldings from Mike Tilney Boats. White GRP hull with timber bulwarks, rubbing strake and toe rail. White GRP superstructure with Treadmaster non-slip deck surfaces. Long keel with encapsulated ballast. Tiller and wheel steering to keel hung rudder. 

Additional Comments

Fair Way is for sale on behalf of her owner's estate and comes with a large selection of spares and accessories on board that are not mentioned in the details. She also comes with a large file of history including a very comprehensive owners guide which will be of great assistance to her next owner.


The company normally acts as brokers for the vendor who unless otherwise stated, is not selling in the course of a business. Whilst every care has been taken in the preparation of these particulars the correctness is not guaranteed and they are intended as a guide only and do not constitute a part of any contract. A prospective buyer is strongly advised to check these particulars and where appropriate and at his own expense to employ a qualified marine surveyor to carry out a survey and/or to have an engine trial conducted which if conducted by us shall not imply any liability on our part.

General note on safety equipment: Any safety equipment such as liferaft, fire extinguishers and flares etc., are usually personal to the current owner(s) and if being left on board as part of the sale of a used vessel, may require routine servicing, replacement, or changing to meet a new owner’s specific needs.

Disclaimer This calculator is intended solely for general informational purposes, and to provide a rough estimate based on the information you provide. You should not base your decision on this estimate alone.