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11 Beech Road, London, N11 2DA LON/00AK/F77/2023/0390
FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No
LON/00AK/F77/2023/0390
Between
Mr & Mrs Mangan
Applicant
Inbar Ltd
Respondent
Mr & Mrs Mangan
Tenant
Inbar Ltd
Landlord
Before
Ian B Holdsworth FRICS
RICS Registered Valuer 079475
Alan Ring
Date
8 March 2024
Property: 11 Beech Road, London, N11 2DA
DECISION
The sum of
£200
per week will be registered as the fair rent with effect from
8 March 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 inspected the property in conjunction with Mrs Mangan and her son in law on
8th March 2024
. The inspection revealed extensive dampness to the internal wall surfaces of bedroom 1, lounge and kitchen. The severity of this defect is deemed a material rental consideration by the Tribunal. Evidence
[3]
There were written submissions on condition, landlord improvements and comparable market rents from the landlord. The tenant made a written submission on the extent of internal dampness at the property. Determination and Valuation
[4]
Having consideration of the submissions on comparable market rent made by the landlord and our own expert, general knowledge of rental values in the area we consider that the open market rent for the property in a satisfactory condition would be in the region of
£369
per week equivalent to
£1600
per month. From this level of rent we have made adjustments to reflect any tenant improvements, disrepair and obsolescence at the property. Details of the adjustments made are shown in the valuation table below.
[5]
The Tribunal has also made an adjustment for scarcity.
[6]
The full rental valuation is shown below: 3
[7]
The sum of
£199.26
per week calculated and shown in table 1 is rounded up to
£200
per week. The Tribunal accordingly determines a rent of
£200
per week. Decision
[8]
The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was
£200
per week. The capped rent for the property according to the provisions of the
Rent Acts (Maximum Fair Rent) Order 1999
is calculated at
£265
per week. The calculation of the capped rent is shown on the decision form. In this case the lower rent of
£200
per week is to be registered as the fair rent for this property. Chairman: Ian B Holdsworth Date:
11 March 2024
APPEAL PROVISIONS You can only appeal this determination if the First-tier Tribunal decision was wrong on one or more points of law and you must say why the First-tier Tribunal was wrong in law. 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
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