Summary - 45 WOODCRAFT CLOSE, COVENTRY CV4 9EG
2 bed 1 bath Flat
Ready-made rental in a transport-connected area, ideal for cashflow-focused buyers.
Two-bedroom ground-floor maisonette, about 506 sq ft
Tenants in situ until December 2024 — immediate rental income
Lease c.81–82 years remaining; renewal needed soon
Located in a very deprived area with high local crime
Small outside space; compact living footprint
Double glazing pre-2002; mid-1970s construction, typical maintenance needs
Mains gas boiler and radiators; filled cavity walls
Council tax very low, good broadband and mobile signal
Ground-floor two-bedroom maisonette offered with tenants in situ until December 2024, providing immediate rental income for an investor. The property is compact (approximately 506 sq ft) and includes a small outside space. The kitchen appears contemporary but overall accommodation reflects a mid-1970s build with standard ceiling heights and practical room proportions.
Important lease and location issues are frank: the lease has about 81–82 years remaining and will require renewal soon, which can be costly and may affect mortgage availability. The wider neighbourhood is classified as very deprived with a high local crime rate; these factors can influence tenant demand, resale value and lender appetite.
The flat has double glazing installed before 2002, a mains gas boiler and radiators, filled cavity walls and a brick exterior — straightforward construction with typical maintenance needs for a property of this age. Transport links and mobile/broadband performance are strong, and several nearby primary and secondary schools are rated Good, which supports long-term rental demand from families.
This is a clear opportunity for a buyer prepared to manage the lease extension and consider light refurbishment to boost rental income or resale value. It suits investors seeking immediate cashflow or first-time buyers willing to take on a shorter lease and upgrade work.
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