Win A Saltaire Apartment - Cash Winner
A penthouse style duplex close to the UNESCO village of Saltaire is the prize that you can win in this house contest. Tickets for this one cost £5 each and the competition is being hosted on the popular Raffall platform.
Winner: Vicky Muckley
Launched: 1st June 2021 Closed: 31st August 2021
Location: Saltaire, BD17
House Value: £155000 (2 Bedrooms)
Extras: £5000 Cash
Ticket Price: £5.00
Minimum Ticket Target: 60000
Tickets Sold: 266 Revenue: £1330 (Estimated)
Cash Alternative: 75% of ticket sales
Stephen Smith has lived for eight years in this apartment but is now ready to move on to a new chapter in his life. To facilitate that move he's going to raffle the apartment via a Raffall competition. The property is located in Shipley close to the UNESCO village of Saltaire. No valuation is provided on the Raffall page but we know it is worth £155,000 because the property is listed on the traditional market. It looks like the apartment has been on sale for a few months as it's been listed on Rightmove since the start of November.
About The Property
The property has two bedrooms both with en-suite whilst the main bedroom has a balcony. The living area is open plan and includes a high gloss white kitchen with marble work surfaces. Residents can enjoy an on-site restaurant, gym, tennis court and beautiful well kept grounds. According to the host the property has good rental potential but no details are given with respect to possible rentals. No information is provided about service charges but the host includes buildings insurance plus a £5000 cash sum. Legal fees and stamp duty will also be included.
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 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 competition does state that it is supporting Alzheimer's Society. However thos donation only applies if the competition completes.
60,000 Ticket Sales
The host of this competition, Stephen Smith, aims to sell just 60,000 tickets (total revenue £300,000) by the end of August 2021 in order to conclude the draw and create a new house winner. If insufficient tickets are sold then the winners will receive a cash pize. This will be 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.
This looks quite a nice property and in an interesting area but will it's next owner be a competition winner? The price point is reasonable although the text on Raffall mentions a £2 cost whilst the actual price is £5. That said 60,000 tickets (or enough tickets to "sell" the apartment) could be achievable but the host will need to do plenty of marketing in order to get the ball rolling. At time of writing there's no evidence of a Facebook page or promotion within Raffall so that doesn't bode well. It'll also be interesting to know if the apartment will remain for sale on the open market.
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