Bag a £2m South Kensington flat for £10 – and more raffle homes
Bag a £2m South Kensington flat for £10 – and more raffle homes
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1/40 A prime London property raffle first
Gatsby Property is giving us all the chance to win a luxurious newbuilt flat valued at £2million on Exhibition Road, South Kensington.
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2/40 A prime London property raffle first
This stylish turnkey property has been decked out with high-end fixtures and fittings from the designer likes of Camerich and Buster & Punch. The kitchen boasts Mandarin Marble worktops, Fired Earth flooring and Lefroy and Brooks, for starters.
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3/40 A prime London property raffle first
The open-plan living/cooking/dining space has been specially designed to be flooded with natural light, putting "a contemporary spin on what was a very traditionally laid-out apartment".
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4/40 A prime London property raffle first
Every design detail has been carefully considered to create a space that offers an aspirational lifestyle centred around culture and luxury, such as the handcrafted living room dresser built to house extensive book collections.
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5/40 A prime London property raffle first
The master bedroom is huge with an en-suite and the interiors are modern and elegant throughout.
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6/40 A prime London property raffle first
Tickets can be bought from Gatsby Property’s new luxury property raffle platform Cadivus (appropriately meaning 'windfall' in Latin) for £10 a pop, the price of a posh Christmas pudding. Entries open just after midnight on Saturday 30 November and close on a yet to be confirmed date in June 2019.
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7/40 A prime London property raffle first
Statistically, you are roughly 500 times more likely to grab the keys to this two-bedroom, two-bathroom pad than you are to win the EuroMillions lottery!
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8/40 A prime London property raffle first
Whether you decide to live in the flat, sell it or rent it out mortgage-free will be entirely up to you. It'll be yours!
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9/40 A prime London property raffle first
With sellers struggling to shift properties in a more cautious pre-Brexit London market that has pushed transactions down 40 per cent compared to just four years ago, Harry Dee, 28, and Jonny Jackson, 27, co-founders of Gatsby Property, set about investigating alternative ways to sell and buy.
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10/40 A prime London property raffle first
Dee and Jackson hope other developers and homeowners will follow suit and use Cadivus. They have already been contacted by a potential seller looking to raffle off his investment flat in Knightsbridge.
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11/40 Eddie Jordan's Tooting flat
The former F1 boss is raffling the property he owns in Tooting with his son, Kyle, via their property company Win a Property (WAP), set up to sell properties on behalf of developers.
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12/40 Eddie Jordan's Tooting flat
The flat is a first-floor period conversion close to Tooting Bec Tube station, which is currently undergoing a comprehensive renovation with design overseen by Kyle.
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13/40 Eddie Jordan's Tooting flat
The Top Gear presenter said he was raffling the property after a chat in Monaco with his son about how difficult his friends found it to buy their own homes in London.
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14/40 Eddie Jordan's Tooting flat
The flat has an open plan kitchen/living area and direct access to a private roof terrace.
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15/40 Eddie Jordan's Tooting flat
To be in with a chance of winning, entrants must pay £10 "the price of a gin and tonic in a posh pub”, and play a game of spot the ball.
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16/40 More raffle homes: £13.50 Dancers Hill House
Dancers Hill House has been the cherished family home of Melanie and Nigel Walsh for three decades
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17/40 £13.50 Dancers Hill House
They are now moving on and giving others the opportunity to win it in a £13.50-a-ticket prize draw.
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18/40 £13.50 Dancers Hill House
The property now has a cinema room furnished with quirky models
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19/40 £13.50 Dancers Hill House
There is also a bench where Jane Austen once sat
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20/40 £13.50 Dancers Hill House
And a wine cellar
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21/40 £13.50 Dancers Hill House
Dancers Hill House was used as a film set for Chucklevision and 1999's Great Expectations
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22/40 £13.50 Dancers Hill House
The mansion has previously been listed on Rightmove with a guide price of £6.25 million, so this really could be the bargain of a lifetime.
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23/40 £5 Bracknell flat
Magician Uri Gellar will be randomly selecting the new owner of a £210,000 one-bedroom flat in Bracknell, Berkshire, in a property raffle on 30 November this year.
Equinox Living
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24/40 £5 Bracknell flat
The 330sq ft flat is on the ground floor of Abbey House, a new block of 40 one- and two-bedroom apartments that is due for completion in August.
Equinox Living
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25/40 £5 Bracknell flat
The contemporary home, aimed at first-time buyers, has been designed to maximise usable space. The elegant double bedroom includes fully-fitted mirror wardrobes.
Equinox Living
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26/40 £5 Bracknell flat
The stylish kitchen by Italian design company Arta Cucine features solid quartz worktops and a Bosch oven. Entering the draw costs £5. See winaflat.net for more details.
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27/40 £25 Maida Vale mansion flat
One lucky hopeful stands to win this mansion flat in Maida Vale for the price of a takeaway.
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28/40 £25 Maida Vale mansion flat
The flat has an open plan kitchen-dining-living room with statement staircase.
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29/40 £25 Maida Vale mansion flat
The staircase leads up to an office in the loft which opens onto the roof terrace.
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30/40 £25 Maida Vale mansion flat
Cliodhna and Stuart extended and renovated the 1,500sq ft flat five years ago.
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31/40 £25 Huf Haus
Six-bedroom Avon Place near the historic market town of Ringwood in Hampshire is the grand prize in a new property raffle, with 250,000 tickets on sale at £25 a pop.
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32/40 £25 Huf Haus
The bright glass and wood-built home was designed by cutting-edge German company Huf Haus.
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33/40 £25 Huf Haus
The fitted furniture – including Gaggenau appliances in the trendy red, marble-floored kitchen – will be remaining in the house as a tempting bonus.
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34/40 £25 Huf Haus
Outside, you will find a BBQ house set in landscaped gardens with 60ft of direct river frontage. There is decking for enjoying sundowners with a view and fishing rights to the salmon-stocked river which you can kayak along to reach the local pub.
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35/40 £25 Huf Haus
The owners, who wish to remain anonymous, stand to raise £6.25million if all the tickets sell, leaving them with a tasty profit of more than double their home’s worth. The raffle closes at 11.59pm on 31 July 2018.
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36/40 Warehouse conversion
Aspiring homeowners also have the chance to win a £1million flat in Angel, Islington for the price of a festive cocktail.
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37/40 Dalston raffle flat
This £700,000 Dalston flat was offered for £2 a ticket.
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38/40 New England-style Reading house
Reve House boasts views across the River Thames, yours for a £25 game of spot the ball.
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39/40 Blackheath family home
A £1.25million house is being raffled for £5 a ticket. The owner, Renu Qadri, ran into difficulties with Greenwich council and PayPal but the raffle is now back up and running until May 2018.
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40/40 Georgian manor house in Lancashire
The man who inspired dozens of raffles in 2017, Dunstan Low was struggling to sell his home and was facing repossession so put it up for raffle at £2 a ticket. The raffle was successful and a finance worker from Warrington won, before auctioning the prize property.
By next summer, you could be the lucky owner of what the developer claims is the first fully-furnished prime London turn-key home to be raffled off for just £10 a ticket.
Gatsby Property is giving us all the chance to win a luxurious fully renovated flat valued at £2 million on Exhibition Road, South Kensington.
With sellers struggling to shift properties in a more cautious pre-Brexit London market that has pushed transactions down 40 per cent compared to just four years ago, Harry Dee, 27, and Jonny Jackson, 28, co-founders of Gatsby Property, set about investigating alternative ways to sell and buy.
"We've been developing properties in prime London for the past five years and have watched the evolution of property raffle sites with interest," said Jackson.
"We felt like there was a real gap in the market at the top end and our aim was to put our money where our mouth is and raffle off one of our own newly-refurbished apartments in one of the capital's most sought-after locations."
Tickets can be bought from Gatsby Property’s new luxury property raffle platform, Cadivus (appropriately meaning 'windfall' in Latin) for £10 a pop, the price of a posh Christmas pudding.
Dee and Jackson hope other developers and homeowners will follow suit and use Cadivus too. They have already been contacted by a potential seller looking to raffle off his investment flat in Knightsbridge.
Entries are due to open as soon as their payment platform is up and running and close on a yet to be confirmed date in June 2019.
Statistically, you are roughly 500 times more likely to grab the keys to this two-bedroom, two-bathroom pad than you are to win the EuroMillions lottery.
WHAT DO YOU WIN?
This stylish turnkey property has been decked out with high-end fixtures and fittings from the designer likes of Camerich and Buster & Punch.
The kitchen boasts Fired Earth flooring and Lefroy Brooks taps, for starters.
The open-plan living/cooking/dining space has been specially designed to be flooded with natural light, putting "a contemporary spin on what was a very traditionally laid-out apartment" and there's an elegant, modern en suite master bedroom.
A hand-crafted living room dresser could house an extensive book collection.
Found directly opposite the Science Museum, moments from the V&A and Natural History Museum and a short stroll from leafy Hyde Park, you’d be hard pushed to find a more cultural location. The Tube will be on your doorstep, too.
Stamp duty and legal fees will be paid for you by the developer, along with the first year of service charge (which would ordinarily cost £6,000), council tax and bills. There are 964 years left on the lease.
To comply with the UK Gambling Commission's strict set of rules, entrants must answer a simple, London-based question to be entered into the raffle.
The winner will be drawn by Promo Veritas, the UK's leading compliance service, using random number generating software.
If not enough tickets are sold (a minimum of 300,000, according to the website), you'll get a cash prize instead.
Whether you decide to live in the flat, sell it or rent it out mortgage-free will be entirely up to you — it'll be yours.
IS IT LEGAL?
Gatsby Property got advice from gambling lawyers to confirm the competition's legality.
Gambling Commission rules say that anyone thinking of "raffling" a property must be sure their scheme counts as a competition rather than "a lottery". Running an unauthorised lottery can lead to a year in jail and a £5,000 fine.
A lottery requires buying tickets and getting lucky. To comply with gambling rules, a property raffle must be a competition requiring some skill on the part of the entrant.
This is why all property raffles require entrants to answer a question as well as buy a ticket. The Gambling Commission may take a dim view of a question that is too easy.
Usually, there must also be an opportunity to enter for free, so most property raffles allow one free postal entry per person. If the question is deemed difficult enough, this is not necessary.
IS THIS THE ONLY PROPERTY RAFFLE?
Though the owners say this is the first of its kind, this is by no means the first property raffle. Raffling property has become increasingly popular in the UK over the past year, as homeowners struggle to achieve sale prices as high as they want or need for their homes.
Uri Geller is currently hosting the raffle of a Bracknell commuter home, while a Maida Vale mansion flat, Brixton apartment and riverfront Huf Haus are among the other properties up for grabs for a tiny fraction of their sale price.
However, the owners of a luxurious house on the banks of the river Thames had to offer a cash prize after they failed to sell enough £25 raffle tickets to cover the value of the property.
The Gambling Commission, which regulates illegal prize draws, has also intervened in several improperly run property raffles so far this year.
Enter the competition here.
