Summary - Cecil Close, Rhodesia, Worksop, S80 S80 3HU
2 bed 1 bath Semi-Detached
Affordable starter home with garden and parking for first-time buyers.
50% shared ownership available — buy a 50% share for £72,500
5% minimum deposit required to proceed
Monthly illustrative charge £232.80 plus mortgage for share
Modern 2022 build, EPC rating B, mains gas heating
Rear garden and allocated off-street parking included
Leasehold with 988 years remaining; shared ownership restrictions apply
Local broadband speeds slow; crime levels above average
Service charge £543.60 per year; annual rent increase each April
A bright two-bedroom semi-detached home offered on a 50% shared ownership basis, ideal for first-time buyers looking to step onto the property ladder with a low deposit. Built in 2022, the house has modern fittings, an EPC B rating and comes with an enclosed rear garden and allocated off-street parking.
The purchase price for a 50% share is £72,500 with a 5% minimum deposit. Monthly costs shown are rent £187.50 plus service charge £45.30 (total illustrative monthly charge £232.80) in addition to mortgage payments for the share. The lease has 988 years remaining and the annual rent increases every April.
Practical drawbacks are clear: this is a leasehold shared ownership home with a modest annual service charge and landlord rules on nominations, pets and subletting until full ownership. Broadband speeds in the area are slow and local crime statistics are above average; the neighbourhood is economically deprived, so buyers should check suitability for their needs.
This property will suit a first-time buyer seeking an affordable, modern home with outside space and parking, who accepts shared-ownership conditions and plans ahead for mortgage and future staircasing. Seek independent legal and financial advice to confirm affordability, lease implications and mortgage availability.
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