Interested parties should contact Knight Frank Auctions for further information.

Description
Pools Cottages comprises 4 cottages, 9 flats and 1 studio extending to approximately 11,270 sq. ft., together with communal grounds including a tennis court, gardens and parking on a site area in excess of an acre.

What was previously the main residence, set back from Crackley Lane behind a high brick wall with electronically operated security gates, has been converted to provide four self-contained flats over ground and first floors.

The units to the rear are approached by a separate driveway, leading to a hard tennis court and paddock area to the east. What was previously the swimming pool has been converted to provide two flats.

The thatched roof has been part replaced with a tiled roof.

To the front is a private enclosed lawned garden and to the north end of the garden is a small plantation of mixed conifer and broad leaf trees.

The property may be suitable for further development, change of use or reconfiguration back to a single family dwelling, together with ancillary accommodation (subject to obtaining the necessary consents). We are advised that the existing accommodation does not benefit from planning, with planning being for a single house, thus offers significant asset management opportunities to curate an income stream and/or add value through development. Interested parties are to rely on their own enquires with Warwick District Council[use Contact Agent Button] / ).

Accommodation:

Unit 1
Ground: Living Room, Bathroom, Kitchen
First: Bedroom

Unit 2
Ground: Living Room, Bathroom, Kitchen
First: Bedroom

Unit 3
Ground: Living Room, Bathroom, Kitchen
First: Bedroom

Unit 4
Ground: Living Room, Bathroom, Kitchen, Bedroom

Unit 5
Ground: Living Room, Bathroom, Kitchen, Bedroom

Unit 6
Ground: Living Room/Kitchen, Bathroom, Bedroom

Unit 7
Ground: Living Room/Kitchen, Bathroom, Bedroom

Unit 8
Ground: Living Room, Kitchen, Bathroom, 2 Bedrooms

Unit 9
Ground: Living Room/Kitchen, Bathroom, 2 Bedrooms with en suites

Unit 10
Ground: Living Room, Kitchen, Bedroom with en suite

Unit 11
First: Living Room, Kitchen, 2 Bedrooms, 2 Bathrooms

Unit 12
Ground: Living Room/Kitchen
First: 2 Bedrooms, 2 Bathrooms

Unit 13
Ground: Studio

Unit 14
Ground: Living Room, Kitchen, Bathroom, Bedroom

Mains electricity and water are connected to the property, together with a private drainage system and oil fired central heating. A substation has also been added to improve power to the property.

Open House Viewings (please turn up wherever convenient):
Saturday 2nd December 10.30am-12pm
Monday 11th December 1pm-2pm

Location
The property is situated on Crackley Lane, to the north of Coventry Road (A429). Local shops and amenities are available in Kenilworth to the south and more extensively in Coventry, approximately 5.5 miles to the north-east. There are a wide range of state, grammar and independent schools nearby, as well as Warwick University which is a short distance to the east.

Rail services run from Tile Hill and Coventry Stations, the latter providing a direct service to London Euston with a journey time of approximately 1 hour. Birmingham Airport is approximately 13 miles away. Road communications are afforded by the A45, M40 and M42 Motorways.

Occupancy
Vacant

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.