Win A 2 Bed London Flat Review

A spacious flat in the London Borough of Sutton on the edge of Surrey is the property on offer in this prize draw. The hosts have decided to move on from the 'London Scene' and want to try raffling their property as they search for pastures new. The prize draw is hosted on the Raffall platform and entry is reasonably priced at just £5 a ticket.

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The Thompsons are the latest hosts to add re-newed life to the dying embers of Raffall's UK property prize draws. They're giving entrants the chance to win an apartment that's down as a London flat, but it's actual location is "South Sutton in the London Borough of Sutton on the edge of Surrey". According to the hosts it's a 12 minutes walk away from Sutton train station, whilst Clapham and Victoria are 21 and 31 minutes by train away. As someone who works from home that still sounds like a heck of a commute into The Capital. Location wise things are a little hazy. The hosts have kindly provided images of their broadband speeds but nothing of the outside of the property. Therefore we've used Sutton's train station postcode as a reference. We've also estimated the value based on apartments for sale in the area and the estimated revenue from ticket sales.

About The Property

The two bedroom apartment can be found on the second floor somewhere in a tree lined residential close. The bedrooms are described as having a good size whilst there's also a private garage and private balcony which leads off the main living space. A diagram of the flat layout can be seen on Raffall alongside other images. The apartment has recently been decorated in neutral colours and as far as we know it's going to be given away unfurnished. As with the Skelmersdale property it'd be nice to know the location based on the outside of the property but we understand why this is sometimes not given. Note it is leasehold but there's 114 years left on the lease (fees are not mentioned). On the plus side we do know that stamp duty and legal fees will be paid by the hosts. A rental of £1300 per month is indicated.

How To Enter The Competition

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 - for this particular competition you'll need to answer a multiple choice question about the Capital of England. It's pretty easy! Tickets cost £5 each and there's no limit to the number you can purchase. You can purchase online using debit cards. Enter early enough and you might be able to pick up a discount. From what we can see there's no evidence of charity support with respect to this particular draw.

80,000 Ticket Sales

The promoter hopes to sell 80,000 tickets (total revenue £400,000 if all tickets sold at full price) by the start of July 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. However we also do have the usual confusion where the hosts have suggested that if "less than 145,000 tickets are sold, the winner will receive a cash payment amounting to 50% of the total ticket revenue generated for this competition". All compensation payments are guaranteed and paid directly by Raffall Limited. This is a little bit different to house competitions run by individuals and should offer more assurance to entrants.

Our Verdict

Maybe, just maybe, the arrival of the Skelmersdale property and now this London apartment could see more home owners jump on the Raffle property prize draw bandwagon again. For this to work though it's going to need plenty of promotion from both the hosts and Raffall although with two UK draws now active that could/should help boost interest. The property itself may appeal to entrants looking to pick up a crash pad or rental location near to London. The ticket price is reasonable and with just 80,000 tickets to be sold it could do well if it can build momentum. But as with the Skelmersdale listing, we'd like to see a little bit more about the property itself - and perhaps less about the broadband. Enter Competition Here

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Win A 2 Bed London Flat Discussion

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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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