Knuzden Hall Farm Review
A Grade II 17th Century farmhouse close to Blackburn is the prize in this competition. Hosted on the Raffall platform tickets cost £10. As well as the farmhouse this prize also includes an adjacent two bedroom cottage that would be ideal for rental.
Launched: 1st February 2021 Closes: 1st August 2021
Location: Oswaldtwistle, BB5 3RE
House Value: £650000 (4 Bedrooms)
Extras: Includes 2 Bedroom Cottage
Ticket Price: £10.00
Minimum Ticket Target: 90000
Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
Occasionally a house raffle pops up and you wonder whether the owner has been trying to unsuccesfully sell via conventional means. This was the case with this competition and sure enough Knuzden Hall Farm has been up for sale. We don't think it's still on with an agent, but it did help us locate a valuation for the property that includes the farmhouse and cottage. Unusually for a Raffall competition the owner has provided a postcode for their property which means we can give a more accurate location for a change.
How To Enter The Competition
The main property has four bedrooms including one with en-suite, family bathroom, lounge, sitting room and kitchen which has a newly installed range of fitted base and eye level units. The cottage has two bedrooms, shower room, kitchen and lounge. The farmhouse is listed as Grade II but we're not sure if that applies to the cottage. The owner suggest the cottage can be used as a rental property or as ancillary accommodation to the main house. No details are given about fees etc but we assume that the basics will be covered by the owner. We're not sure about stamp duty especially as this could be quite expensive if the winner has the property as a second home.
To enter the raffle you need to be registered with Raffall. This can be done via Facebook or email login. Once at the house raffle page it's a case of answering a question and purchasing tickets. The question pops up in a window which we found disappeared very quickly. Tickets only cost £10 and there's no limit to the number you can purchase. You can purchase online using debit cards. 5% of the host's revenue goes directly to NHS Charities Together.
90,000 Ticket Sales
Molly Devenney aims to sell 90,000 tickets (total revenue £900,000) by the start of August 2021 in order to conclude the draw. If insufficient tickets are sold then the winners will receive a share of the compensation amounting to 75% of all ticket sales. All compensation payments are guaranteed and paid directly by Raffall Limited. Note that if 100% of the tickets are not sold then the promoter receives nothing.
If you'd like to start a new life in a rural property which offers options for a small rental business then Knuzden Hall Farm looks ideal. However we do think that the ticket price may well put off potential entrants. Cheaper competitions are struggling to achieve good sales so this doesn't bode too well. The 90,000 ticket target is a little bit high even after taking into account Raffall fees and charity fees. Details about stamp duty and legal costs would be a useful addition to the competition details.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. Images are used under fair use policy. Map location is approximated by Google based on postcode/location info. Any links provided are not an endorsement from Loquax. In some cases Loquax may earn a referral fee from sales this does not effect our review. We strongly advise all visitors do due diligence on each contest before deciding to enter. Terms and conditions apply. Begambleaware.org.
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