Omaze Win A Chelsea Townhouse - Home Winner

Omaze return to London for their biggest prize to date in the form of a Chelsea townhouse that's worth a staggering £5million house. There's £100,000 cash in the package too. There’s no stamp duty, mortgage or conveyancing fees to pay. Early bird entrants have the chance to win a McLaren Artura. This draw is helping to raise funds for NHS Charities Together.

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Here we go again! For their October/November prize draw Omaze are back in London with what they say is their biggest prize draw ever. The property is located in Chelsea and is located "just minutes from the glitz and glam of South Kensington, the history of the Royal Albert Hall". In terms of location all we know is that it's Chelsea. Unlike previous draws where it's been easy to pinpoint the actual property location, this one has proven to be a little more frustrating. However after using Omaze's Twitter image of the property we think it's on Ovington Street and in fact that it's this property that has recently been sold on Strutt & Parker. It had a guide price of £5,100,000 so we're assuming that Omaze may well have paid a little less than that to acquire it for this particular draw. Compare and contrast the images on Omaze and the estate agents and you can see how much effort Omaze put in when it comes to dressing the property!

About The Property

This Chelsea Townhouse comprises of four different floors. The estate agent description explains that it has been "completely renovated and remodelled to create a meticulously designed bespoke house". There are three bedrooms which occupy the first and second floor. The main bedroom takes up the entire first floor alongside an en-suite. On the ground floor are two reception rooms whilst the lower ground floor comprises a kitchen alongside a family/dining room. This leads out to a garden area (or somewhere to sit outside) which doesn't look that big but is probably a decent size for London. The property comes fully furnished so it's ready to move in to or rent out. According to Omaze if you choose to rent it then you could realise a long-term monthly income of around £12,350 per month (do people actually pay £12,350 a month in rent!!!). To help you pay for your new millionaire lifestyle the prize also includes £100,000 in cash.

How To Enter The Competition

To enter the prize draw you simply need to purchase tickets. Tickets for the competition cost £10 for 15 entries. Unfortunately you can't purchase less than £10 worth of tickets. Other ticket packages cost £25 (40 entries), £50 (85 entries) and £150 (320 entries). A subscription service is also available. Pay £10 a month for 30 entries. Do check the terms before siging up for this! For a free entry you can send a postcard or envelope to the address given on the website. This is worth doing as "once a postal entry has been processed it will be entered in to the next available draw and all subsequent draws until the final Grand Prize drawing". Postal entries have an equal chance of winning as any one paid entry. If a postal entry wins a prize there will be no further purchase or payment necessary to be notified of the win or to receive the prize.

Guaranteed Prizes

As we mentioned in the other competitions, we think that it's worth entering this Omaze competition as the prize is guaranteed even if not enough tickets are sold. This means there will be a home winner and no competition extensions. Additionally there are early bird entry prizes on offer and the chance to win weekly cash prizes. For example enter before 12th November 2023 and you could win a McLaren Artura Supercar. Gift vouchers are also being given away in Big Dreamer giveaways that will also take place during the promotion and each segment of this part of the draw will create up to 5000 winners. In terms of good causes, NHS Charities Together will also benefit from ticket sales. Omaze has guaranteed a minimum total payment of £100,000 for the charity but suggest that they expect to donate up to one million. Note that the competition is open to UK residents only.

Our Verdict

Although this may be Omaze's biggest ever prize, the property doesn't excite us in terms of property. It doesn't quite have the wow factor as some of the previous draws. However we guess £5million here is more about location as opposed to the actual house (it kind of looks a little small for that price). That said it still offers a chance to become a property millionaire (or cash millionaire should you sell) and with a potential £12K a month rental things start to seem a tad more attractive. Mind you we'd love to know just how much profit there is in that kind of rent. Building insurance, landlord insurance, agency fees (to get the right kind of clients) maintenance etc may well eat into some of the income! Let us know what you think in the comments below. Enter Competition Here

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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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