Flat 2 150 Devonshire Road, Chiswick, London W4 2AW LON/00AT/F77/2024/0254

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AT/F77/2024/0254
Between
Ms D TaylorApplicantPeabody TrustRespondentMs D TaylorTenantPeabody TrustLandlord
Before
Mr D Jagger MRICSDate 15 October 2024Property: Flat 2, 150 Devonshire Road, Chiswick, London, W4 2AW

DECISION

The sum of £169.00 per week will be registered as the fair rent with effect from 15 October 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. Evidence[2]The Tribunal did not receive any written submissions from the parties. Neither party provided the Tribunal with evidence of rental levels for comparable properties in the area. Determination and Valuation[3]Having consideration of our own expert, general knowledge of rental values in the Chiswick area, we consider that the open market rent for the property in its current condition would be in the region of £218.40 per week. (£1,700 per month) From this level of rent we have made adjustments in relation to: no white goods, no carpets or curtains, upgrading of the electrical system required and terms of the tenancy which equates to approximately 30%[4]The Tribunal has also made an adjustment for scarcity at 20%[5]The full valuation is shown below: Market Rent £390 pw Less approx. 30% £117 Terms and condition Leaves £273 Less Scarcity approx. 20% £54.60 Leaves £218.40 pw 3[6]The Tribunal determines a rent of £169 per calendar week Decision[7]The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was £218.40 per week. The capped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £169 per calendar week The calculation of the capped rent is shown on the decision form. In this case the lower rent of £169.00 per week is to be registered as the fair rent for this property effect from 15 October 2024 being the date the Tribunal made the Decision. Chairman: Duncan Jagger MRICS Date: 15 October 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