Couple raffling £1million house

[pioneer]

The initial message was deleted from this topic on 01 June 2013 at 21:37

[jezb]

You know I always thought this would be a good way of selling a house if you can get enough interest.

[spikeyhead]

If its something unusual that you're going to be able to get some free airtime then it can work.

Fur a Barrett box its never going to happen.

[Olf]

That is a house of stupendous uglificance.

[FourWheelDrift]

Seems a bit overpriced for what it is when you can get this in Devon for £2.5million and over 3 times the land.

http://www.struttandparker.co.uk/html2/php/propert...

[Neil_H]

Olf said:

That is a house of stupendous uglificance.

Pretty ugly to look at but....

• 11.5 acres of woodland paddock and lake
• Parking for a dozen cars
• Useful sheds and outbuildings
• 80 metre driveway

[Kinky]

anonymous said:

[redacted]

They said that if they've not raised the total amount by the end of the year, then whatever money has been entered so far will be the prize money.

[Olf]

Neil_H said:

Olf said:

That is a house of stupendous uglificance.

Pretty ugly to look at but....

• 11.5 acres of woodland paddock and lake
• Parking for a dozen cars
• Useful sheds and outbuildings
• 80 metre driveway

Ok. That accounts for 100k.

[jezb]

Doesn't look overpriced to me, you're getting a lot more than just the house.....

[Tom55]

I suppose £25 is a bit overpriced for this property.......

[a boardman]

if the do not sell another ticket between now and the closing date of 7th decemnber, the couple will make 35% of the tickets sold to cover to cover administration and marketing expenditure, they have sold 24,000 = £600,000 so at 35% they will pocket £210,000 and the rest distributed to the winning Entrant.

(in the terms and conditions)

Edited by a boardman on Tuesday 26th August 22:41

[A8VIP]

Old news, the website has been up for months, and most of the time its been broken so you couldn't purchase tickets!

[Neil_H]

Olf said:

Neil_H said:

Olf said:

That is a house of stupendous uglificance.

Pretty ugly to look at but....

• 11.5 acres of woodland paddock and lake
• Parking for a dozen cars
• Useful sheds and outbuildings
• 80 metre driveway

Ok. That accounts for 100k.

I thought we were talking about looks...it's maybe a bit overpriced at £1m, but I could forgive an ugly house if I had all that space to play with.

[Olf]

Neil_H said:

Olf said:

Neil_H said:

Olf said:

That is a house of stupendous uglificance.

Pretty ugly to look at but....

• 11.5 acres of woodland paddock and lake
• Parking for a dozen cars
• Useful sheds and outbuildings
• 80 metre driveway

Ok. That accounts for 100k.

I thought we were talking about looks...it's maybe a bit overpriced at £1m, but I could forgive an ugly house if I had all that space to play with.

11 acres on woodland in Devon will cost you not a lot to be honest, as long as you don't have aspirations of building your dream home on it.

[mouk786]

a boardman said:

if the do not sell another ticket between now and the closing date of 7th decemnber, the couple will make 35% of the tickets sold to cover to cover administration and marketing expenditure, they have sold 24,000 = £600,000 so at 35% they will pocket £210,000 and the rest distributed to the winning Entrant.

(in the terms and conditions)

Edited by a boardman on Tuesday 26th August 22:41

what a joke, sounds like a good way of advertising a raffle with extorinate admin costs

[Tunku]

A friend of mine had a house he had built to his own spec. When it came to the time to sell it, the wondrous estate agent types valued it at £1.5M. We all agreed but went "pwaff, not where it is built it won't". It eventually sold for £800,000 ish once my friend had put his hands around the estate agents throat.
Nothing to do with the MINIed Ones.
'Twas in Scotland.

[7ommy]

They can also ammend the terms and conditions at any point !

say they sell conveniently 45,999 tickets so not quite the full allocation they pocket just over 400k due to "administration and advertising" mind you the winner still gets just over 747k

[hornetrider]

Those T's and C's are outrageous!

[Davi]

what are the implications on stamp duty?

[NoelWatson]

Olf said:

Neil_H said:

Olf said:

Neil_H said:

Olf said:

That is a house of stupendous uglificance.

Pretty ugly to look at but....

• 11.5 acres of woodland paddock and lake
• Parking for a dozen cars
• Useful sheds and outbuildings
• 80 metre driveway

Ok. That accounts for 100k.

I thought we were talking about looks...it's maybe a bit overpriced at £1m, but I could forgive an ugly house if I had all that space to play with.

11 acres on woodland in Devon will cost you not a lot to be honest, as long as you don't have aspirations of building your dream home on it.

http://www.vantageland.co.uk/land-for-sale-axminster.htm

Closest I can find. 15 acres for 70k