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First Floor Flat, 171 Chevening Road, London NW6 6DT LON/00AE/F77/2024/0192
FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No
LON/00AE/F77/2024/0192
Between
Mr R Norman
Applicant
Fawnvale Investments Ltd
Respondent
Mr R Norman
Tenant
Fawnvale Investments Ltd
Landlord
Before
J.Pittaway
Date
31 July 2024
Property: First Floor Flat 171 Chevening Road, London, NW6 6DT
DECISION
The sum of
£308
per week will be registered as the fair rent with effect from
31 July 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 but considered this case on the basis of the papers provided by the parties. Evidence
[3]
The Tribunal has consideration of the written submissions provided by the Tenant andthe Landlord. Determination and Valuation
[4]
Having consideration of the comparable evidence proved by the Landlord, particularly that in respect of the ground floor flat at 171 Chevening Road (two bedrooms and two bathrooms let at
£610
per week in 2023) and a flat in 177 Chevening Road (three bedrooms let at
£480
per week) and our own expert, general knowledge of rental values in the area, we consider that the open market rent for the property in good tenantable condition would be in the region of
£550
per week. From this level of rent we have made adjustments in relation to the limited information that we have been provided with as to the condition of the property, noting that the property was first let in 1978 and the limited improvements stated by the landlord to have been carried out since then.
[5]
The Tribunal has also made an adjustment for scarcity.
[6]
The full valuation is shown below: per week Market Rent
£550
Less Deduction for condition of property
£165
£385
Less Scarcity approx. 20%
£ 77
£308
[7]
The Tribunal determines a rent of
£308
per week 3 Decision
[8]
The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was
£308
per week. The capped rent for the property according to the provisions of the
Rent Acts (Maximum Fair Rent) Order 1999
is calculated at
£344.50
per week. The calculation of the capped rent is shown on the decision form. In this case the lower rent of
£308
per week is to be registered as the fair rent or this property. Chairman: J. Pittaway Date:
31 July 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 request for full reasons should be made within a month. Any subsequent application for permission to appeal should be made on Form RP PTA
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