top of page
pendennis.jpg

PENDENNIS STREET, KENGSINGTON, L6 – PROPERTY INVESTMENT CASE STUDY

A hands-free Liverpool buy-to-let in Kensington, L6, with a light refurb completed in 6 weeks and a tenant secured within 3 weeks of works finishing.

QUICK LOOK BUY-TO-LET PHOTOS

Modern fitted kitchen with white units, black worktops, gas hob, extractor and patio door to the yard.

After

Stripped-out kitchen with tiled floor, removed units, patchy plasterwork and ceiling spotlights during refurbishment.

Before​

DEAL OVERVIEW

REFURBISHMENT

SUMMARY

  • Fully Managed Refurb Cost (Inc VAT): £26,000

  • Duration: 6 weeks

SCOPE OF WORKS

  • New kitchen, bathroom

  • General maintenance, waste clearance, minor repairs

  • Damp treatment, plastering, internal refurb works

  • Roofing, ventilation, safety and certification works

WHY WE KEPT IT LIGHT

Efficiency and control. We focus on properties with minimal works, so they remain easy to manage and straightforward.

COST BREAKDOWN

Deal Details
Figures
Mortgage Deposit

£26,250

Fully Managed Refurb Cost (Inc VAT)

£26,000

Buying Costs

£14,745

Total Cash Required

£66,995

TIMELINE

We handled the moving parts throughout, with minimal input from the investor.

  1. Pre-offer checks: street selection, comparables, letting agent rent sense-check, refurb estimate

  2. Offer agreed and terms locked in

  3. Purchase progressed: conveyancing opened, lender valuation booked

  4. Surveys and checks completed, final refurb scope confirmed

  5. Keys received

  6. Light refurb completed (6 weeks)

  7. Lettings: marketed in advance, tenant moved in within 3 weeks of works finishing

  8. Management live: from tenant move-in

CLIENT OUTCOME

WHAT THE INVESTOR WANTED

Plan B income from a Liverpool buy-to-let, without refurb stress, choice overload, or this turning into a second job.

WHAT HAPPENED

  • Light refurb completed in 6 weeks

  • Tenant secured within 3 weeks of completing refurb

  • Fully managed from day one, investor did not need to visit

  • The result: one more asset doing its job quietly in the background while they focus on work and family

Deal Details
Figures
Purchase Price

£105,000

Year Purchased

2024

Refurb Cost

£26,000

Annual Rent

£9,000 (£750 pcm)

Gross Yield

8.6%

Total Cash Required

£66,995

Projected 5-Year Growth

£41,000*

*Based on UK average growth since 1980 (ONS). Illustration only.

WHY THIS PROPERTY INVESTMENT DEAL WORKED

The right house on the right street, with light works, set up to be low maintenance.

  • Strong rental demand in Kensington, L6

  • Quick turnaround to cashflow

  • Fully hands-free for the investor

CHECKS WE DID (AND WHAT WE FIXED)

  • Damp risk identified early - gutters lined and rear soil pipe repaired to address damp, with targeted damp works included and completed as part of the refurb.

  • Rent level sense-checked with the letting agent - set at the right level and tenanted quickly.

BEFORE AND AFTER GALLERY

Living Room

After

Before​

Bright reception room with grey wood-effect flooring, white walls and glazed internal doors to the next room.
Reception room mid-renovation with exposed flooring, tools and partially prepared walls around a chimney breast.

Living room renovated - walls repaired and replastered, new flooring fitted, and full redecoration completed for a clean, modern finish.

Kitchen

After

Modern fitted kitchen with white units, black worktops, gas hob, extractor and patio door to the yard.

Before​

Stripped-out kitchen with tiled floor, removed units, patchy plasterwork and ceiling spotlights during refurbishment.

Kitchen fully refurbished - old units removed, walls made good, new cabinetry and worktops installed, updated lighting fitted, and finished with fresh flooring and decoration.

Back Yard

After

Before​

Clean paved rear yard with grey painted brick walls, black gate and extension window.
Cluttered covered yard area with stored timber, tools and debris under a translucent roof structure.

Rear yard transformed - cleared, repaved, and walls refreshed to create a clean, low-maintenance outdoor space.

Before and After

WANT RESULTS LIKE THIS?

If you want a boring, predictable Liverpool buy-to-let set up fully managed, book a call and we’ll map out the right next step.

DISCLAIMER

Info only, not advice. Figures are accurate at the time of purchase. “Projected 5-Year Growth” is an assumption-based illustration (ONS), not guaranteed. Values, rents and returns can rise or fall.

  • Logo of LinkedIn
  • facebook
  • Logo of Youtube
  • Logo of Instagram
  • Threads
  • Logo of X
  • Logo Pinterest
  • Logo of Tiktok
  • Logo of Google
  • Logo of WhatsApp

Legal

Privacy Policy

Total Property Group: Liverpool Property Sourcing. All rights reserved.
Registered in England and Wales as TPG Trading Limited.

Company Registration Number: 12571193.

Registered Office: Unit 5 Marlborough Road, Wrexham Industrial Estate, Wrexham, United Kingdom, LL13 9RJ.

VAT Registration Number: 438231013.

We are not financial advisers. All content on this site is for general information and educational purposes only. Property investments carry risks, and past performance is not a guarantee of future results.

bottom of page