For sale Detached

Hermitage Lane

Cranage, CW4, CW4 8HB

3 beds 1 baths Listed 13 Oct 2026 (-8d)

£550,000

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Property details

Tenure

FREEHOLD

Council tax band

E

Local average

£626,257 (-12.2%)

Deprivation

Decile 10 (31,372 of 33,755)

Street crime

6 incidents within 1 mile (Aug 2026)

Key features

  • Highly sought-after position on Hermitage Lane in Goostrey
  • Generous plot extending to approximately 0.2 acres
  • Extended detached bungalow with excellent future potential
  • Open aspects to both the front and rear
  • Approximately 1,089 sq.ft. of existing accommodation
  • Three bedrooms, two reception rooms and a fitted kitchen
  • Substantial double garage extending to approximately 394 sq.ft.
  • Superb scope for modernisation, extension or redevelopment, subject to planning permission, with no onward chain

Additional details

Parking
Garage, Driveway
Garden
Front garden, Rear garden
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Occupying a highly sought-after position on Hermitage Lane, one of Goostrey’s most desirable residential roads, Penymaes is an extended detached bungalow set within a generous plot of approximately 0.2 acres, enjoying open aspects to both the front and rear. The property is conveniently placed within a short walk of The Trading Post and the village’s wider amenities.
Offering approximately 1,089 sq.ft. of existing accommodation, together with a substantial double garage extending to approximately 394 sq.ft., the property presents an exciting opportunity for buyers seeking a home to modernise, reconfigure or potentially redevelop, subject to the necessary planning permissions. Several neighbouring properties have undergone significant development, highlighting the potential that may be available here.
The existing accommodation comprises three bedrooms, a dining room, lounge, kitchen, shower room and entrance hall, providing a practical starting point for a purchaser looking to create a home tailored to their own requirements. Whether retaining and updating the bungalow to create a comfortable single-storey home, or pursuing a more ambitious scheme of extension or redevelopment, Penymaes offers a rare opportunity to secure a property with such scope in this established village setting.
Offered for sale with no onward chain, Penymaes represents a compelling blank canvas, combining a generous plot, open outlooks and considerable future potential in a highly regarded Goostrey location.
EPC Rating: D

Listed by

Knutsford

Stuart Rushton & Co

Reference: 94258638

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Daisy Bank, Hermitage Lane, Cranage, CREWE 86 90 283 m² — Detached
Daisy Bank, Hermitage Lane, Cranage, CREWE 27 85 86 m² England and Wales: 1967-1975 Detached
Freshfields, Hermitage Lane, Cranage, CREWE 34 102 95 m² England and Wales: 1950-1966 Detached
Freshfields, Hermitage Lane, Cranage, CREWE 25 82 93 m² England and Wales: 1950-1966 Detached
Freshfields, Hermitage Lane, Cranage, CREWE 73 77 255 m² England and Wales: 1950-1966 Detached
OAK LEA, HERMITAGE LANE, CRANAGE, CRANAGE 88 92 290 m² — Detached
Penymaes, Hermitage Lane, Cranage, CREWE 64 77 109 m² England and Wales: 1900-1929 Detached
Rowan Cottage, Hermitage Lane, Cranage, CREWE 62 83 161 m² England and Wales: 1996-2002 Detached
The Woodlands, Hermitage Lane, Cranage, CREWE 61 84 147 m² — Detached
Woodthorpe, Hermitage Lane, Cranage, CREWE 60 80 87 m² England and Wales: 1967-1975 Detached

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location is outside the imported HM Land Registry INSPIRE registered freehold polygons.

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

All

All

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale — £550,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
33 MEADOW AVENUE, GOOSTREY, CREWE, CHESHIRE EAST, CW4 8LS £320,000 17/11/2022 Detached
SANDHURST SANDY LANE, GOOSTREY, CREWE, CHESHIRE EAST, CW4 8NT £1,125,000 24/08/2022 Detached
24 MEADOW AVENUE, GOOSTREY, CREWE, CHESHIRE EAST, CW4 8LS £330,000 29/07/2022 Detached
2 FAIRWAY DRIVE, GOOSTREY, CREWE, CHESHIRE EAST, CW4 8GG £750,000 24/06/2022 Detached
5 NETHER LEA, CRANAGE, CREWE, CHESHIRE EAST, CW4 8HX £500,000 18/05/2022 Detached
7 SANDY LANE, GOOSTREY, CREWE, CHESHIRE EAST, CW4 8NT £701,100 06/01/2022 Detached

Area average: £621,017 (6 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 15.6%
10y growth -10.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheshire East. Series: Detached. As of July 2026.

1y (index) 4.6%
5y (index) 27.4%
10y (index) 51.1%

Rental Range

Estimated market rent for Cheshire East. Low = conservative, Realistic = average, Optimistic = best case.

Low £887/mo
Realistic £985/mo
Optimistic £1,084/mo

Based on Local Authority from postcode lookup → Cheshire East.

LHA (30th percentile) floor for South Cheshire: £678/mo (Apr 2025 – Mar 2026)

Location

Address

Hermitage Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Goostrey, Main Road / Booth Bed Lane 0.1 miles
Shop Unknown 0.6 miles
Shop Goostrey Village Store 0.6 miles
Train station Goostrey 1.2 miles
Train station Holmes Chapel 1.8 miles
Hospital Rosemount Resource Centre 9.0 miles
University University of Buckingham Crewe Campus 9.5 miles
Hospital Altrincham Hospital 11.1 miles

Street-level crime

Category Count
Violence and sexual offences 3
Burglary 1
Other crime 1
Public order 1
Total incidents 6

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Goostrey Community Primary School Primary 0.9 miles Good — 16 Mar 2022
Hermitage Primary School Primary 1.4 miles Good — 20 Nov 2023
Holmes Chapel Primary School Primary 1.6 miles Outstanding — 17 Jul 2015
Terra Nova School Other 2.0 miles — (No rating)
Holmes Chapel Comprehensive School Secondary 2.0 miles Good — 10 Mar 2020

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
Station Road, Holmes Chapel £1,600/mo 3 1.8 miles Rightmove
Eden Grove, Holmes Chapel £1,500/mo 3 2 miles Rightmove
Forty Acre Lane, Kermincham £1,750/mo 3 2.76 miles Rightmove

Average rent: £1,617/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.29%
Max investor price (0.8%) £200,000
Target investor price (1%) £160,000
Gross yield 3.5%
Cost-to-rent ratio 28.6×
Monthly cashflow £-751/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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