During the costly Christmas season, many individuals seek opportunities to boost their finances post-holiday. Roy Foulkes, a retired police officer residing in West Hallam, Derbyshire, has successfully earned over £5,500 in cash and vouchers by identifying and reporting vacant and neglected properties through YouSpotProperty.
Introduced to YouSpotProperty in 2024, Roy has been leveraging the platform to generate additional income. The website compensates individuals for pinpointing long-term vacant properties. Initially, spotters receive a £20 Amazon or M&S voucher for correctly identifying an empty house. If the property is purchased, renovated, and sold, the spotter is rewarded with 1% of the purchase price, capped at £10,000.
Roy has accumulated £4,750 in 1% rewards by aiding in the rescue of two properties and received 39 £20 vouchers, totaling £780. His earnings have funded household items, vacations, and experiences with his grandchildren.
Spotting his first eligible property on his former patrol route, Roy had reported it to the council without results. Encountering the second property near a former council house in Derby, Roy captured photos and reported it, eventually earning £1,620.
In addition to his rewards, Roy has utilized his vouchers for household purchases. He finds satisfaction in contributing to society while earning money through a meaningful activity.
YouSpotProperty addresses the issue of vacant properties in England and Wales, rewarding spotters with vouchers and 1% fees for their contributions. Co-founder Benjamin Radstone emphasizes the company’s role in revitalizing empty properties and sharing rewards with the public.
The platform distributes an average of 110 £20 M&S or Amazon vouchers each month and pays out seven 1% fees monthly for properties acquired and refurbished. Over the past year, YouSpotProperty has purchased properties ranging from £17,000 to £3 million, aiding in their restoration and reuse.