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7:40pm Wednesday 22nd February 2012 in News By James Wallin
Would you bet your house on Albion’s promotion push?
Martin Senior is putting his £1.4 million luxury house in Hill Brow, Hove, up for sale but he’ll pay the buyer back every penny if the Seagulls are promoted this season.
The bet, thought to be the first of its kind, could see someone net this four-bedroom detached property for the bumper bargain price of £0 with no penalties attached.
Mr Senior, 45, said: “It would be the perfect end to the season for an Albion fan – a free house and their team in the Premier League.
“We promise to anyone who buys my house that if Albion get promoted this season, we will give the buyer all their money back.
"They get to keep the house. No questions asked, every single pound will be paid back.”
The odds on promotion for the Seagulls this season is 10-1, with 80-1 on them winning the league.
The team currently lie in ninth place with 49 points and are two points off a playoff place, although several of the teams above them have a game in hand. There are 15 games left to play.
The sculptor and his partner, Debbie Deakin, designed and built the house they have lived in for the last eight years.
It was put on the market last year but failed to sell and the couple are now hoping this sporting gesture, cooked up with betting firm Paddy Power, who are underwriting the promotion, and estate agent Winkworth, will achieve their goal.
Sarah Turck, from Winkworth, said: “It’s the first time this has been done anywhere and is certainly a unique opportunity.”
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Comments(17)
Surely not!
says...
8:51pm Wed 22 Feb 12
Mart2a
says...
9:04pm Wed 22 Feb 12
Maxwell's Ghost
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9:46pm Wed 22 Feb 12
kkj
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10:18pm Wed 22 Feb 12
Maxwell's Ghost wrote:If you're not going to stump up £1.4mil for it, why worry?
Looks like some sort of clinic from the photo.
Maybe it's better looking inside although I fear a swathe of pretend wood floor, leather furniture and a big flat screen on the wall.
hoveman123
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10:33pm Wed 22 Feb 12
hoveman123
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10:34pm Wed 22 Feb 12
sdhgfhfuyt
says...
10:45pm Wed 22 Feb 12
Surely not! wrote:house buyers must realise they can buy places in Peacehaven for 1/4 of the price and which are aesthetically no different
Well obviously the house isn't worth £1.4 million or it would have sold. Try reducing the asking price.
Obviously a man with little faith in the Albion getting promoted wither.
rolivan
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11:19pm Wed 22 Feb 12
Hotbeans
says...
5:29am Thu 23 Feb 12
Surely not! wrote:Precisely.
Well obviously the house isn't worth £1.4 million or it would have sold. Try reducing the asking price.
Obviously a man with little faith in the Albion getting promoted wither.
Will600000
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6:14am Thu 23 Feb 12
Cabin fever
says...
6:58am Thu 23 Feb 12
Will600000 wrote:A slight aside, but technically, on current form, they WOULD get promoted.
What an odd person, what does he gain if Brighton get promoted? he's down £1.4 mill or at least the bookie is.
And if Brighton do not get promotion, which on resent form is more likely, what or who gets what ?
I guess it all depends on what the true value of the house is?
Archie Bun
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12:48pm Thu 23 Feb 12
Reading fan in Brighton
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1:40pm Thu 23 Feb 12
Bubs
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1:49pm Thu 23 Feb 12
Twittern Wanderer
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2:43pm Thu 23 Feb 12
Bubs wrote:Excellent Post.
Will600000 -
The house hasn't sold before and he likes the idea of promoting it in a different way. Assuming the house is not worth more than £1.26 million and he gets someone to buy it for £1.4 mill then when the sale is executed he has pre-arranged to put a £140,000 bet on at 10-1 (but he'll be getting better odds than I guess) - then if Albion gets promoted he pays back the buyer out of his betting winnings. And if Albion doesn't get promoted then he has still sold the house at the correct value of £1.26 million. I assume that is the thinking.
sussexram40
says...
3:55pm Sat 25 Feb 12
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leobrighton says...
8:34pm Wed 22 Feb 12