Win Kensington House Review
A beautiful 132 year old, 3 storey, 4 Bedroom Victorian townhouse situated in Gateshead is the prize on offer in this competition. Hosted on the Raffall platform it could be your new home for just £2 a ticket - but you will have to wait a while to win it.
Launched: 25th August 2020 Closes: 25th August 2021
Location: Gateshead, NE10
House Value: £180000 (4 Bedrooms)
Ticket Price: £2.00
Minimum Ticket Target: 200000
Tickets Sold: Unknown
Cash Alternative: 75% of ticket sales
The owners of the first Raffall house competition wanted to sell their home so that they could start a new life in Australia. And that seems to have struck a chord with others because the owner of this home also wants to move Down Under. As this is a Raffall hosted competition we once again don't have any property valuation or accurate location details. We do know that it's in Gateshead and a two minute drive to Newcastle City Centre. Our valuation is an estimate.
How To Enter The Competition
The competition page however does paint a better picture of the property. It has four bedrooms, two on the first floor and two on the second. Downstairs you'll find the kitchen, living room, dining room and the bathroom. Outside there's a back yard with garage door for car access if needed. The images of the property look good and the property descriptions suggest that a lot of renovations have taken place. All solictor fees will be paid for by the owner and they'll even throw in a bottle of champagne on transference of ownership!
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 and there's no limit to the number you can purchase. You can purchase online using debit cards. This competition is supporting good causes with donations being made to Tiny Lives Trust. It isn't clear if this donation is made if all tickets sale or as part of the competition as a whole.
200,000 Ticket Sales
The promoter hopes to sell 200,000 tickets (total revenue £400,000) 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. This is a little bit different to house competitions run by individuals and should offer more assurance to entrants. The fact that the previous competition concluded within 4 weeks may also encourage entries.
We don't know the exact property valuation so it's hard to know if the 200,000 ticket target is high. However the long closing date is also a concern. A year closing date doesn't suggest urgency and with so many other competitions running - and now now succeeding - this one could get left behind. We like that they're supporting charity but this does need clarity with respect to how much is being donated and when.
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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