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London townhouse worth £750,000 raffled for £2 a ticket

Paloma Kubiak
Written By:
Paloma Kubiak
Posted:
Updated:
26/08/2020

A Victorian townhouse in south London worth £750,000 is being raffled for £2 a ticket.

The renovated 1,023 square foot property set over two floors in Denmark Hill belongs to Lucy and James Mieville.

The 35-year-old nutritionist and her 36-year-old husband decided to raffle the two-bedroom garden property following the recent birth of their daughter.

They want more space in their next home but given the coronavirus crisis, were concerned about selling their house in an underperforming London property market which is why they turned to Raffle House.

Tickets cost £2 each via the Raffle House site though special offers for purchasing tickets in bulk are given. The closing date for the raffle is 30 November 2020. Raffle House will cover stamp duty costs and legal fees and will provide the winner with £3,000 towards council tax.

It has a ticket sales target of 650,000 and the raffle will support charities Centrepoint and Housing for Women. If it doesn’t sell enough tickets, the winner will receive a 90% cash prize.

The property owner said: “Following the birth of our beautiful daughter we realised we needed more bedrooms as we hope to have more children over the next few years.

“We love the area sandwiched between Brixton and Camberwell so decided to buy in 2015 and I’ve loved putting my heart and soul into designing the interiors and creating the home of my dreams.

“Now though, we want our family to grow and so need to sell but given events over the past few months we are worried that we might not be able to find a buyer.

“A number of people are raffling their homes, and Raffle House has just successfully awarded a property, so we thought we’d give it a go.

“And that we can do this while also supporting two incredible charities also played a big part in our decision to raffle our home.”

Benno Spencer, Raffle House CEO, said: “Lucy has done a great job of renovating the property so it’s no wonder we have already seen a large number of our existing customers purchase tickets.

“It is not only a tough time to sell a house in London but also to buy one with the economy sliding and people facing the possibility of pay cuts or worse, losing their jobs.

“Raffle House was founded on the premise of helping as many people get onto the property ladder as possible and we look forward to handing over the keys to this stunning home to our next winner.”