Win An Aylesbury Apartment - Cash Winner
A second floor two bedroom apartment in Aylesbury, close to Waddesdon Manor is the prize that you could win in this competition. In addition the prize includes a year's service fees and ground rent. Hosted on the Raffall platform tickets cost just £2.50 each.
Winner: Lucy Keoghan
Launched: 24th December 2020 Closed: 3rd April 2021
Location: Aylesbury, HP18
House Value: £190000 (2 Bedrooms)
Ticket Price: £2.50 (Free Entry - See 5.6 in Terms)
Tickets Sold: 57069 Revenue: £142672.5 (Estimated)
Cash Alternative: 75% of ticket sales
Wendy Grace is hoping to sell her property via a competition in order for her family to move on to a new chapter of their lives. What that chapter is we're not told but her current home could become yours either for living or rental purposes. As is standard for Raffall competitions the location isn't exact but we do know that it's located somewhere between Waddesdon Manor and Aylesbury Vale Parkway train station. However we have found the property listed for sale on Prime Location and aiming for 'offers over £190,000'.
How To Enter The Competition
Details of the property are limited. It's got two bedrooms and two bathrooms plus a large open plan living space. The property has it's own parking space as well as a secure bike store. A year's service fees and ground rent are included in the prize but the owner hasn't mentioned how much these would cost. On a more positive note they do explain that the property could achieve up to £900 rental per calendar month. These details are good selling points for entrants who are looking to build a property portfolio as opposed to a new home.
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 £2.50 and there's no limit to the number you can purchase. You can purchase online using debit cards. As far as we're aware no charity donations are being made in this particular draw.
90,000 Ticket Sales
Wendy Grace aims to sell 90,000 tickets (total revenue £225,000) by the start of April 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.
The plus points for this competition are a reasonable price, sensible ticket target and mention of property rental. However we still would like a bit more detail especially when it comes to service charges and ground rent. The building looks relatively new so we suspect that there's a decent leasehold timespan on the property, but it'd be useful to know that kind of information too. It does seem that this apartment is still listed for sale on an estate agent which is never ideal when it comes to running a competition.
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