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Woodway Lane, Coventry CV2

West Midlands

£170,000

Listed on 30/05/2026

Property Details

Bedrooms
1
Type
Terraced
Area
548 sqft

Description

This characterful cottage presents an exciting opportunity for first-time buyers and investors alike. While beautifully renovated with a blend of period features and modern conveniences, there remains potential for further enhancement, particularly in the outdoor spaces where future extensions could be explored, subject to planning approval. The welcoming facade is complemented by a charming front garden filled with mature flora, leading into a cozy entrance porch with delightful leaded glass windows. Inside, the lounge/dining area is bathed in natural light, showcasing solid oak flooring and a log burner that anchors the room's inviting atmosphere. The cottage-style kitchen retains its quaint appeal while offering functionality, including a roomy utility space with potential for transformation. The spacious master bedroom has been thoughtfully reconfigured from two rooms into one generous space, enhancing storage options while maintaining soothing views of the garden. The bathroom continues the cottage's charm with a claw-foot roll-top bath and modern shower facilities. The rear garden serves as a private oasis for relaxation or entertainment and includes opportunities for landscaping improvements or expansion. With essential amenities and transport links within easy reach, this property offers both immediate comfort and future value growth.

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
£20,000 - £35,000
Target Value
£146,933
10% above area average per sq ft
Potential ROI
-28.3%
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, 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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