Win A Property
Formula 1 Legend Eddie Jordan has jumped on the home competition bandwagon and is offering a £750,000 flat in London as a prize. Tickets cost just £10 and 150,000 tickets need to be sold.
House Value: £750000
Location: London, SW17
Launched: 1st August 2018 Closes: 23rd December 2018
Ticket Price: £10.00
Tickets Sold: Unknown
Payment Options: Online Payments
The property is described as a first floor period conversion flat close to Tooting Bec common. It has three bedrooms, two bathrooms, open plan kitchen/living room and a private roof terrace. As far as we're aware the property will be unfurnished.
Spot The Ball
To enter, participants need to register and 'spot the ball' for the chance to win. Tickets cost £10 and the Jordan's aim to sell in the region of 100,000 to 150,000 tickets. This would net an income of £1million to £1.5million for a property valued at £750,000.
If insufficient tickets are sold then a cash prize will be awarded. The amount is not explained - the website simply says "a cash prize will be paid to the winner, net of any fees required to host the competition".
WAP is actually the brainchild of Kyle Jordan, Eddie Jordan's son. The presence of EJ on the site may help raise the profile of win a house competitions. However, we found the site to be user unfriendly and lacking in detail.
For example, we couldn't locate a closing date, the minimum number of tickets required for the property to be won, percentage retained as costs if a cash prize is awarded, potential income from rental or running costs. Information about the spot the ball judging process is also quite limited.
Disclaimer: Details shown above were correct at time of writing and are provided for information purposes only. A link is not an endorsement and, unless indicated, Loquax has not been paid for this listing. We strongly advise that you check terms and conditions before deciding to enter. Map location is approximated by Google based on postcode.
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