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Woodway Lane CV2, Coventry, CV2

West Midlands

£170,000

Listed on 28/05/2026

Property Details

Bedrooms
1
Type
Terraced
Area
548 sqft

Description

This quaint cottage, rich in character and charm, presents a solid foundation for first-time buyers or investors looking to enhance its already inviting atmosphere. The property has been refurbished with thoughtful touches, but there remains potential for further improvement, offering an excellent opportunity to increase its value. The exterior features a lovely walled front garden, while the entrance porch showcases arched leaded glass details that hint at the property's historic appeal. Upon entering, the lounge/dining area invites you in with its solid oak flooring and a log burner for cozy evenings. Natural light floods through UPVC windows, creating a homely environment perfect for entertaining or unwinding. While the cottage-style kitchen retains its charm with modern appliances like a five-burner gas cooker, it could benefit from some updates to maximize functionality. The upstairs master bedroom has been transformed from what was originally two separate rooms, providing generous space and stunning views of the garden. The bathroom maintains that cottage feel with a claw-foot tub and traditional fittings but might require some modernization to elevate comfort. The rear garden is an appealing outdoor space with room for enhancements; it's designed for relaxation and gardening activities but also has potential for extension (subject to planning permission). With essential amenities close by and easy access to major transport links, this property offers both character and investment prospects in a desirable West Midlands location.

Investment Analysis

(CV2 area)

Above Market Value

This property is priced +27.3% above area average per sq ft

+27.3%
This Property
£310/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£234
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£146,933
10% above area average per sq ft
Potential ROI
-26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CV2)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +6.8%
5 year growth: +23.1%
Investment Disclaimer: Analysis based on CV2 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

Woodway Lane CV2, Coventry, CV2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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