2 days ago
'Our £325k family home on Anglesey could be all yours for just £5'
An Anglesey couple have put their home in an online raffle where people could win their coastal retreat for a £5 stake. John and Jennie Bailey and their two children are looking to move from the two bedroom apartment in the seaside village of Rhoscolyn to a larger nearby bungalow to accommodate their growing family.
But they've decided to try an unconventional way of selling the property - which is valued at £325,000. Rather than the usual approach of placing the home on the market they have teamed with Raffall, a UK-based company often used for property raffles.
This has seen people given the opportunity to buy £5 raffle tickets to secure a chance to win the home. If the 150,000 ticket sales target is reached then one lucky winner will get the property. If the target is not reached by January 1 2026 then the draw is still held and the winner gets 50% of the pot.
Jennie, 43, mum to Henry, 11, and Sebastian, nine, said it is a wonderful opportunity for someone to win a home in a dream location and they will be sad to leave the place. Join the North Wales Live Whatsapp community now
She said: "As a family we have been coming to Rhoscolyn for 40 years, it was part of growing up and just where we came as my parents had another apartment in the same block here,where there are three homes. We then bought a flat for our family.
"After Covid we found we were struggling to get down as often with work and family commitments and we decided as a family to move here from Stockport in Manchester in 2023. We have really settled, we already knew so many people and everyone has been so welcoming. We both mainly work from home so we could do this.
"The children went to school at Ysgol Rhoscolyn and two years later are now fluent in Welsh, we are trying with our Welsh too. We love it here but while the apartment was fantastic for holidays it is too small now the children are growing up. Our eldest now wants his own room. We will be sad to leave and if it was just me and John we would be staying here."
On picking this way to sell the house, Jennie, who works in home decor and helps manage a holiday property, added: 'I realise this is quite unorthodox, but that's what we love about it - imagine winning a home in the most idyllic place for a fiver - it's a life changing chance for someone!"
She wants local businesses to get involved in the promotion as they can get a 75p cut in each raffle ticket sold with no cost to themselves. In total the couple need to sell 150,000 tickets for the sale to go through. This would raise a total of £750,000 but Jennie that is not what they would receive.
She said: "There are a lot of costs to pay, we will do the stamp duty, potentially for a second home purchase, and the legal costs, Raffall get 10% and then we have significant marketing costs for all of this. Also when we have affiliates selling tickets they get that 75p cut per ticket.
"There is a lot of marketing needed to get the sales and we have to be careful not to overspend or this could end up costing us. We started this two weeks ago and so far we have had 4,500 sales."
She added: "This really is a once in a lifetime chance for people to live or holiday in a magical place by the sea.
"We're only moving round the corner as we love it so much in Rhoscolyn, so we can't wait to see our home enjoyed by a new family and for them to build their own memories here.'
On the property, Raffall said: "The two bedroomed coastal haven, worth £325,000 is the definition of modern elegance with an open-plan kitchen and dining area ideal for entertaining and the stylish dining-living space a perfect place to relax.
"The property also features a family bathroom, downstairs WC, balcony, private garage and shared garden. Properties in Rhoscolyn are few and far between with the competition offering a rare opportunity for someone to get on the property ladder in this sought after location which has a population of just 542 residents."
Property raffles like have become more common in the UK in recent years although don't end with the home changing hands at the end due to the ticket sales target not being met.
