Property hunters across the UK are doing a double-take as a picture-perfect Victorian terrace in Kent arrives on the market for the jaw-dropping price of just £75,000. In a market where the average UK house price exceeds £260,000, this three-bedroom home appears to be the bargain of a lifetime.
The catch? This isn't your typical property purchase. The attractive price tag comes with an extraordinary condition that separates this listing from any other on Rightmove.
A Slice of Victorian History
Nestled in the coastal town of Sheerness on the Isle of Sheppey, the end-of-terrace property boasts the classic charm you'd expect from a Victorian build. From the outside, it presents beautifully with traditional features that attract those seeking character homes.
Inside, the property offers surprisingly spacious accommodation spread across three floors, including three bedrooms—a rarity at this price point in the South East of England.
The Monumental Catch
Here's where the story takes an unusual turn. The property isn't being sold through conventional means. Instead, it's being offered in a property raffle or competition, where hopeful buyers purchase tickets for just £5 each.
The current owners have turned to this innovative method to generate interest and potentially secure a higher value than traditional selling might achieve in the current market.
How the Property Raffle Works
- Entries cost £5 per ticket
- The draw will take place once all tickets are sold
- The winner receives the property, regardless of the final selling price achieved
- All proceeds beyond the reserve price will be donated to charity
This approach has become increasingly popular as homeowners seek creative solutions in a challenging property market.
Location, Location, Location
Sheerness offers coastal living with good transport links to London, making it attractive to commuters seeking more affordable housing options. The town provides essential amenities, seaside views, and a sense of community that many find appealing.
For those willing to take a chance on this unique opportunity, this Victorian gem could represent either the property steal of the decade or an expensive lesson in property competitions.
