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PENDENNIS STREET, KENSINGTON, L6 – PROPERTY INVESTMENT CASE STUDY

This Liverpool property investment case study shows how we sourced and fully managed a 3-bed buy-to-let in Kensington, L6, bought for £105,000, refurbished for £26,000, and let at £750 pcm.

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

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

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

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.

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
Property Type

3 Bed, Mid Terraced House

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*

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 - the old fireplace was removed and the area replastered, new flooring was fitted, and the room was fully redecorated to create a clean, modern finish that improves tenant appeal and supports stronger rent.

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 were removed and replaced with new cabinetry and worktops, then finished with updated lighting, flooring and decoration to create a clean, modern kitchen that helps the property let well and gives tenants a stronger first impression.

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 - the area was cleared, painted and refreshed to create a clean, low-maintenance outdoor space that improves presentation and makes the property more appealing to tenants.

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.

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Total Property Group is a trading name of TPG Trading Limited (Company No. 12571193), registered in England and Wales.
We are not and have never been affiliated with Total Property Group Ltd.

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We are not financial advisers. All content on this website is provided for general information and educational purposes only and does not constitute financial, investment, legal or tax advice. Property investment carries risk, and past performance is not a reliable indicator of future results.

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