65B Golders Green Road, London NW11 8EL LON/00AC/F77/2024/0108

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AC/F77/2024/0108
Between
Mr Hamilton RougetApplicantMajorflat LtdRespondentMr Hamilton RougetTenantMajorflat LtdLandlord
Before
Mr D Jagger MRICSDate 9 May 2024Property: 65B Golders Green Road, London, NW11, 8EL

DECISION

The sum of £3,325 per calendar quarter will be registered as the fair rent with effect from 9 May 2024, being the date, the Tribunal made the Decision. ____________________________________ © CROWN COPYRIGHT 2023 FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 2 SUMMARY REASONS Background[1]Following an objection from the Tenant to the determination of a fair rent by the Rent Officer, the Tribunal has made a determination under the provisions of the Rent Act 1977. Inspection[2]The Tribunal did not inspect the property and relied on the information provided by the Rent Officer together with Google Street Maps and its expert knowledge. Evidence 3.. The Tribunal had copies of the Valuation Office Agency correspondence including the rent registers effective 8th February 2022 and 8th February 2024 together with the calculations for the most recent registration. The Landlord and the Tenant completed the Reply Forms and the Tenant provided a hand written Statement proving a history of the building and his occupation since 1968. The Landlord provided a generic schedule of comparable evidence. Determination and Valuation[4]Having consideration of our own expert, general knowledge of rental values in the West Chelsea area, we consider that the open market rent for the property in its current condition would be in the region of £8,700 per calendar quarter. From this level of rent we have made adjustments in relation to: Terms of tenancy, no white goods, no carpets or curtains, dated fittings and no central heating which equates to approximately 40%[5]The Tribunal has also made an adjustment for scarcity at 20%[6]The full valuation is shown below: Market Rent £8,700 Less (as above) approx. 40% £3,480 Leaves: £5,220 Less Scarcity approx. 20% £1,044 3 Leaves: £4,176 pq[7]The Tribunal determines a rent of £3,325 per calendar quarter Decision[8]The capped fair rent determined by the Tribunal, for the purposes of section 70, was £3,325 per calendar quarter. The uncapped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £3,325 per calendar quarter. The calculation of the capped rent is shown on the decision form. In this case the lower rent of £3,325 per calendar quarter is to be registered as the fair rent for this property. Chairman: Duncan Jagger MRICS Date: 9 May 2024 APPEAL PROVISIONS These summary reasons are provided to give the parties an indication as to how the Tribunal made its decision. If either party wishes to appeal this decision, they should first make a request for full reasons and the details of how to appeal will be set out in the full reasons. Any subsequent application for permission to appeal should be made on Form RP PTA