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A £1.25 million house in Blackheath is being raffled off for £5 a ticket

By Hayley Spencer
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UPDATE: The raffle has now been cancelled and shut down

The average deposit for a house in London now stands at an eye-watering £90K. So imagine if you could buy a whole house for less than a cheap lunch. Well, a woman in Blackheath is raffling off her five-bedroom house for just a fiver a ticket.

The house has failed to sell since March, and the owner has been struggling to pay her mortgage because of disability. So to avoid repossession she's taken an original route to selling it, giving Londoners the chance to bag the ultimate bargain in the process by raffling it off through her own website. 

The house comes fully furnished, including £12K worth of crystal chandeliers and her leather sofas. That'll impress your guests, for sure.

The only snag is she needs to sell 750,000 of the tickets by November to cover costs. If she doesn't shift enough then a cash prize will be offered instead.

Ok, this is starting to sound a bit dodgy, but with the possibility of getting a five-bed house for a fiver on the table, we're not about to question it. You've got to be in it to win it, right?

Check out the raffle and the pimpin' house at HomeRaffler.com

And remember the tree house in Blackheath that also made headlines this week?

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