Win A Manchester Flat Review Cash Winner
Winner: Wesley Brown
Launched: 4th May 2021 End Date: 21st August 2021
Location: Manchester M3
House Value: £125,000 (2 Bedrooms)
Extras: £10,000 Cash Prize
Ticket Price: £5.00 (Free Entry - See 5.6 in Terms)
Tickets Sold: 1960 Tickets
Estimated Revenue: £9800
Cash Alternative: 75% of ticket sales
Platform: Raffall
We had a lovely email off Sushma Sharma who is the host for this particular competition. She describes her property as a "gorgeous and perfectly located city centre apartment" but it's now time for new adventures. She's hoping that a raffle will be a win-win situation for all involved. The location of the apartment is a few minutes walk away from Manchester Cathedral and close to Victoria Railway Station. The location is perfect for anyone wanting to live in Manchester or looking for an investment property. No valuation is given so we've made an estimate.
About The Property
The property has two bedrooms, one bathroom and an open plan kitchen and front room. Some furnishings will be sold with the property and these include TV, sofa, dining table and 4 chairs and a coffee table in the living room. The amount of the service charge for the building isn't mentioned but the host will include one year's payment as part of the prize. Additionally a £10,000 cash prize will be added and a further £10,000 given as a second prize. No information is provided with respect to fees and taxes but we presume these will be covered by the host as is standard for Raffall competitions.
How To Enter
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 £5 and there's no limit to the number you can purchase. You can purchase online using debit cards. The charity Lupus UK is being supported with this raffle and £5000 of the host's fee will be donated - but only if the property is won!
50,000 Ticket Sales
Sushma aims to sell 50,000 tickets (total revenue £250,000) by the end 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 the property is won then 10% of the fee is paid to Raffall.Our Verdict
The low ticket target could mean that this Manchester apartment's next owner could will be a property winner. Although we're not sure of the valuation, 50,000 tickets at £5 could be achievable. What we do like is that the host is adding not one but two cash prizes plus making a donation to Lupus (although only if the tickets sell). From our point of view it's also nice to come across a polite promoter - for that reason alone we hope that Sushma succeeds with this venture.
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