You could buy a coffee with £2... hell, you could even spend more on Pick 'N' Mix, so we think inheriting a house for that price is an offer too good to refuse.
The two-bedroom, two-bathroom luxe apartment is being offered to the lucky winner mortgage-free, which is a steal considering the average rental for similar properties is £1,400 a month.
Daniel Twenefour and his brothers Jason and Will say they decided to put the property up for raffle in order to "change someone's life".
This is Daniel's third house raffle - having successfully raffled off his own three-bedroom property in Mitcham, South London to Rachel Brown from Hampshire in May 2020 worth £400,000, where he surpassed his target of selling 200,000 tickets.
The three brothers also held a second raffle, which was for a £425,000 three-bedroom home in Surrey - won by Cynthia Kanyua from Middlesex.
As for the Essex home, the raffle prize draw is due to take place on 13 March, and will include the transfer of the property to the winner free of stamp duty and legal fees.
You can find the family-sized flat on the first floor of a residential complex near Lakeside Shopping Centre, and as well as two double bedrooms, it has an open-plan kitchen and living space, a family bathroom and an en-suite shower room.
The spacious apartment is currently decorated in neutral tones throughout, with a modern kitchen and floor-to-ceiling windows in the living room looking out onto the complex, offering plenty of natural light.
Plus, there's also a private balcony and an allocated parking space for the owner, as well as 122 years left on the lease.
The Twenefour brothers are hoping to sell 170,000 tickets, but if the target isn't reached the winner will instead be offered 70 per cent of the money raised.
Daniel says his properties are particularly attractive to young people, who need a chance to get on to the property ladder.
"During a time when everyone is anxious, stressed and/or worried its nice to give people hope," he adds.
"When we went live with the Essex raffle we looked at the responses and feedback and was all very positive - it felt like we had a community behind us.
"Running this competition is not easy but knowing that someone's life will be changed - and probably their next generation - makes it all worthwhile."
The draw will take place in the presence of a solicitor and you can get your tickets now - with no limit on how many you can buy. Shop tickets here.
A virtual link to a tour of the property can also be found here.
Featured Image Credit: Jam Press
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