The number one must have is a understanding wife or partner - you will be on this model for some time
Then you will need:-
Must Have Tools:
Craft Knife(s) with lots of blades.
Selecttion of Needle Files.
Small Wood Plain.
Small Electric Drill or Pin Vice.
A Selection of Drill Bits (from 0.5mm to 3mm).
Selection of Sand Papers.
Selection of Good Quality Paint Brushes (Hide them from the kids!!).
Pliers and Wire Cutters (various sizes).
Good Quality Tweezers.
Lamp with a 100w Bulb for Detailed Work.
Dividers or Compass.
Electronic Measuring Gauge (some bits of wood are nearly identical).
Dust Buster (Vacume Cleaner) - you will need it!).
Clamps (orCloths Pegs).
Good Quality Pencils.
Waterline Tool (or make one).
Tall Vase or Equivalent for Soaking the Planks.
Modellers Bench Vice.
Large Cutting Mat.
Mini Lathe (great for the masts).
Paints, Stains and Adhesives
White PVA Glue.
Dark Wood Dye (for topmasts and topgallant masts).
Cyanoacrelate (thick and thin).
Indian Ink (black for Ratlines).
Matt Polyurethane Varnish.
3 Tins of Black Paint (Humbrol 85).
1 Tin of White Paint (Humbrol 34).
1 Tin of Blue Paint (Humbrol 25).
3 Tins of Yellow Paint (Humbrol 74-linin).
Red Paint (Humbrol matt 60 mixed with 25% matt 70) 3 Tins of 60 and 1 Tin of 70 for inside Bulwarks.
1 Tin of Gold Paint.
1 Tin of Etching Primer (for use on brass parts before they are painted).
Recomended referance books
For the books I have used while building this Swan Class ship and others that are an excellent reference please visit The Book Store