You have to keep your eyes peeled when dealing with boats. This one, as some will be aware, has been sitting on the river bank at Rye for about ten years. It has repeatedly been filled with rain water – hence the rot.
Now me, I would have disconnected one of the below water fittings such as the engine intake or log through hull and let the water out that way. However previous owners did not think like that.

While cleaning and painting the engine bay yesterday we discovered two holes in the hull. Not big holes but just about enough to fit a 10mm drill through. They can only have been created as drains but if we hadn’t found them the boat would have slowly sunk beneath the waves. Shame no-one bothered to mention that they had drilled holes in the hull. You might think that passing that information on would be useful.
PEOPLE!