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Hanging Gate, Rushton Spencer, Macclesfield, Cheshire SK11 - Image 1
Hanging Gate, Rushton Spencer, Macclesfield, Cheshire SK11 - Image 2
Hanging Gate, Rushton Spencer, Macclesfield, Cheshire SK11 - Image 3

Hanging Gate, Rushton Spencer, Macclesfield, Cheshire SK11

North West

£335,000
Listed on 16/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2271 sqft

Description

Hanging Gate is a unique sandstone property with a rich history, having been transformed from a public house into a versatile family home. This residence retains many charming original features, such as exposed beams, stone fireplaces, and timber paneling, providing an excellent foundation for renovation. The flexible layout includes multiple reception rooms and a farmhouse-style kitchen, allowing for various configurations to meet the needs of larger families or those seeking multi-generational living spaces. With several rooms easily adaptable into additional bedrooms or functional areas like home offices or hobby rooms, this property offers substantial potential for modernisation and reconfiguration. Despite its past grandeur, the property currently requires significant internal refurbishment throughout to revive its character and functionality. This presents an opportunity for buyers looking to infuse contemporary updates while honouring the building's historical essence. Located in a rural yet accessible area near Macclesfield, Leek, and Congleton, Hanging Gate stands as an appealing investment for those seeking to create a standout family home with potential ancillary accommodation (subject to permissions). The absence of an upward chain further simplifies the purchase process.

Investment Analysis

(SK11 area)

Below Market Value

This property is priced -51.1% below area average per sq ft

-51.1%
Potential saving
This Property
£148/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£753,177
10% above area average per sq ft
Potential ROI
+77.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (SK11)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 15.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on SK11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hanging Gate, Rushton Spencer, Macclesfield, Cheshire SK11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,227
Based on a loan of £251,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE