Fancy moving to the seaside? We may have found a bargain for you.

A three-bedroom Georgian house in a desirable part of Devon could be yours for just £5 after the owners decided to put it in a raffle.

Kate and Mark Nesbitt are selling tickets for the chance to win their home - with some of the cash going to charity if enough is raised.

The home sits in Durnford Street in Stonehouse, close to Plymouth's Royal William Yard and is valued at £300,000.

Kate and Mark Nesbitt
Kate and Mark Nesbitt

If enough tickets are sold, the winner will be handed the keys for just £5. Charities Jeremiah’s Journey and Keep Me Close will be awarded 10 per cent of the profits once the couple cover their mortgage, reports The Herald .

The couple will still hold a raffle with a cash prize of the amount raised minus costs if the asking price is not met.

Kate said they hit upon the raffle to avoid selling to an anonymous developer with the hope that a local family may win the house.

She added: “The process is automatic and we have no control over it but we would like to think it will go to someone who could never afford a property such as this.

“Even if we don’t meet our target and need to pay a cash prize, it could still cover someone’s deposit on another house.

This Georgian home is being raffled off
This Georgian home is being raffled off

“Some people think I am crazy to raffle our family home. I know that the houses in this street are really popular and I wanted to do something for two charities which are close to my heart. This seemed like a perfect solution.”

The house boasts a floor area of 1,650 square feet over two floors, with three bedrooms, one master bedroom and two en-suite shower rooms.

As well as the living room and kitchen, it has a utility room, study area, cloakroom and even a roof terrace. The garden is secluded and the property is part of a conservation area to preserve its historic character.

The raffle, which has only gone live in the last few days will be drawn on April 30, with a reserve date of July 25 if enough tickets are not sold.

All tickets, and buyers can have as many as they like, will be entered into an automated system on purchase. An official computerised ticket will select a random winning ticket.

The process will be shown live on the website in the presence of a solicitor to officiate.

A bedroom at the property
A bedroom at the property

Kate said family circumstances had taken herself, Mark and daughters Sophia, aged three, and one-year-old Alice, to Hertfordshire. They are currently renting a home. She added that they had decided to support the two charities to pay something back for the help the family had received.

Kate said if tens of thousands of tickets are sold, the charities would receive tens of thousands of pounds. The couple first daughter was born with a heart problem in 2014.

She added: “The staff at Derriford Hospital were incredible. It was a worrying time but the fault has naturally corrected itself. After three months she was completely discharged. Our baby had arrived after years of trying and losses.”

Keep Me Close is a campaign by the Neonatal Intensive Care Unit at Derriford Hospital to provide on-site accommodation to the parents of babies born with life-threatening problems.

The view from the house
The view from the house

Jeremiah’s Journey, which supports families through bereavement, strikes a chord with the Nesbitt family because of the tragic death of Kate’s niece who lost her life in a road accident in the United States aged just 21.

Kate said: “The whole family’s loss is still immeasurable (her siblings were nine, 15 and 18 when she died). A charity such as Jeremiah’s Journey would have made all the difference to them.”

For further details and to enter the raffle visit