Imagine holding the keys to a new home on the Isle of Wight that is completely paid for with no stamp duty or legal costs and belongs to you. Would you live in it, sell it or rent it out and enjoy the monthly income?
This was the information I discovered after the flyer/postcard (pictured) was left on my car windscreen this week in Cowes.
Church View House on the Isle of Wight is valued at £650,000, advertised as the perfect family, retirement or holiday home and it could be yours for only £10.
The Isle of Wight home is actually on offer in an ‘Estate Agent’ type house-sale-competition- on the Dream Home Competition website.
Start Date: 25th July, 2012
End Date: 31st January, 2013
This type of house-sale-competition aims to combat the downturn in property prices by selling multiple luxury or ‘Dream’ homes in a competition for as little as £10. The idea behind the Dream Home Competition website is that entrants can win a home as a prize in a skill based competition where they have to correctly answer questions and pay for a ticket before being entered into a draw.
Information on Church View House website www.churchviewhouse.co.uk explains:
Winning this stunning 5 bedroom, detached private house on the beautiful Isle of Wight could change your life.
Construction was completed in January 2012. It was built by the owner, Peter Dale, using Isle of Wight Bembridge Ledge stone to match the Norman church across the lane. The build is to a high specification, incorporating triple glazed windows, eco lighting, heating and hot water systems throughout.
This way of selling houses allows the vendors to achieve, at least, the price they would have received pre-downturn, whilst also offering anyone in the UK the exciting chance to win a life changing ‘Dream Home’ using their skill and judgement.
If you require more information visit Church View House or the Dream Home Competition website via the links above.
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