Flat C, 44 Cecil Road, London N102BU LON/00AP/F77/2024/0071

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AP/F77/2024/0071
Between
Ayelet AmitaiApplicantAntonis Ioannou Agias EirinisRespondentAyelet AmitaiTenantAntonis Ioannou Agias EirinisLandlord
Before
Judge Shepherd and RichardDate 16 May 2024Property: Flat C, 44 Cecil Road, London, N10 2BU

DECISION

The sum of £1213.50 per month will be registered as the fair rent with effect from 16th 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 Landlord 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 carried out an inspection. unal has carried out an inspection of the property on 13th February 2024. Evidence[3]The Tribunal has consideration of the written submissions provided by the Tenant and landlord. Determination and Valuation[4]Having consideration of the comparable evidence proved by the parties 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 £2100 per calendar month. From this level of rent we have made adjustments in relation to:[5]The Tribunal has also made an adjustment for scarcity.[6]The full valuation is shown below: Market rent£ 2100 per calender month. Less Terms - £210 per month Less condition- £210 per month Less scarcity- £420 per month Equals- £1260 pcm The maximum fair rent is £1213.50 pcm Therefore the Tribunal determines a rent of £1213.50 per calender month. 3 Decision[8]The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was £1260 per calendar month. The capped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £1213.50. The calculation of the capped rent is shown on the decision form. In this case the lower rent of £1213.50 is to be registered as the fair rent or this property. Chairman: Judge Shepherd 16th May 2024 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