Omaze Boss Reveals Jaw-Dropping £850,000 Council Tax Bill for London Mega-Mansion
Omaze mansion comes with £850k council tax bill

The chief executive of Omaze has dropped a bombshell revelation about the true cost of maintaining the company's spectacular London mega-mansion prize - with an annual council tax bill that would make most people's eyes water.

James Oakes disclosed that the breathtaking four-storey Holland Park villa, valued at a cool £5.75 million, comes with an eye-watering council tax demand of nearly £850,000 every single year.

The Property That's Rewriting the Rules of Luxury

This isn't just any property giveaway. The Omaze Million Pound House Draw is offering a life-changing West London residence that represents the pinnacle of luxury living. The stunning home features:

  • Five exquisite double bedrooms with luxurious en-suites
  • A spectacular open-plan kitchen and dining area perfect for entertaining
  • A beautiful private garden oasis in the heart of the city
  • Multiple reception rooms with elegant period features
  • A premium location in one of London's most desirable neighbourhoods

More Than Just a Pretty Facade

While the property itself is extraordinary, the running costs are equally staggering. The £847,000 annual council tax bill alone could purchase a substantial family home outright in many parts of the UK.

James Oakes explained: "When people see these incredible properties, they often don't consider the ongoing costs. We're transparent about these details because we want our winners to be fully prepared for the responsibility that comes with such a valuable asset."

A Charitable Windfall

The Omaze model isn't just about creating millionaires - it's also generating significant funds for good causes. The current London draw has already raised over £1,000,000 for the British Heart Foundation, demonstrating how luxury prizes can drive substantial charitable donations.

Oakes emphasised: "Our unique model means that whether people win the house or not, they've contributed to vital charitable work. It's a win-win situation that's changing how people think about prize draws and philanthropy."

The Winner's Dilemma

For the eventual winner, the decision will be crucial: take on the substantial running costs of a London mega-mansion, or opt for the £3.5 million cash alternative and walk away with a life-changing sum without the maintenance headaches.

With council tax bills of this magnitude, it's clear that winning a luxury property comes with responsibilities that extend far beyond the initial excitement of the prize announcement.