Property firm puts refurbishment and development opportunity up for sale

National property consultancy Carter Jonas has announced the sale of a refurbishment and development opportunity in the Cotswold village of Avening.

The focal point of this opportunity is The Old Quarries, an expansive Grade II listed former residence, along with its 7.3-acre grounds, which have received detailed planning consent.

This consent includes the refurbishment and conversion of several existing buildings, including The Old Quarries, as well as the construction of six new dwellings.

Surrounded by parkland, the property shares boundaries with Princess Anne’s Gatcombe Estate.

Originally built in the 19th Century, the house underwent expansion by Viscount Lee of Fareham, who added a gallery in 1938 to showcase his art collection.

During World War II, it temporarily housed artworks from the National Gallery, and more recently, it served as a residential school for children with special needs.

The property boasts spacious rooms with high ceilings, retains some original features, and includes a historic walled garden.

The granted planning consent allows for the transformation of existing buildings from Residential Institution Use (C2) to Residential Use (C3), resulting in the creation of 11 homes through a combination of renovation, demolition, and rebuilding.

Steve Morris, partner of planning and development at Carter Jonas, said: “We are very pleased to have a role in the future of what is undoubtedly an exciting and unusual development opportunity. We anticipate significant interest and have high aspirations for a sensitive redevelopment of this special building and its beautiful surroundings.”