76B Thornton Avenue, London, W4 1QQ LON/00AT/F77/2024/0050

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AT/F77/2024/0050
Between
Ms Georgina TaylorApplicantThornton Avenue Properties Ltd c/oRespondentMs Georgina TaylorTenantThornton Avenue Properties Ltd c/oLandlord
Before
Mr A Harris LLM FRICS FCIArbDate 16 April 2024Property: 76B Thornton Avenue, London, W4 1QQ

DECISION

The sum of £560.00 per calendar month will be registered as the fair rent with effect from 16 April 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 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 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 the condition and with the amenities the market would expect would be in the region of £2000.00 per calendar month. From this level of rent we have made adjustments in relation to: Internal and external disrepair No central heating Dated kitchen and bathroom Lack of power sockets[5]The Tribunal has also made an adjustment for scarcity.[6]The full valuation is shown below:[7]The Tribunal determines a s70 rent of £560.00 per calendar month. Fair rent PCM Market rent 2,000.00 £ less condition & terms 65% 1,300.00 -£ adjusted rent 700.00 £ less scarcity off adj rent 20% 140.00 -£ Fair rent 560.00 £ 3 Decision[8]As this is a first registration of the rent the provisions of the. Rent Acts (Maximum Fair Rent) Order 1999 do not apply. The s70 rent of £560.00 per calendar month is to be registered as the fair rent or this property. Chairman: A Harris Date: 16 April 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