83D Cromwell Road, London, SW7 5BW LON/00AW/F77/2023/0140

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AW/F77/2023/0140
Between
Mr & Mrs AbondanoApplicantTriplerose LtdRespondentMr & Mrs AbondanoTenantTriplerose LtdLandlord
Before
Mr A Harris LLM FRICS FCIArbDate 20 October 2023Property: 83D Cromwell Road, London, SW7 5BW

DECISION

The sum of £5760.00 per quarter will be registered as the fair rent with effect from 20 October 2023, being the date the Tribunal made the Decision. ____________________________________ © CROWN COPYRIGHT 2023 FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 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 considered the written submissions provided by the Tenant. There were no written submissions from the Landlord. Determination and Valuation[4]Having considered 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 £9600.00 per quarter (£3,200 per month). From this level of rent we have made adjustments in relation to:a. Lack of central heatingb. Tenant provided carpets and curtainsc. Tenant provided white goods The Tribunal has also made an adjustment for scarcity. S70 Per quarter Market rent 9,600.00 £ less condition & terms 25% 2,400.00 -£ adjusted rent 7,200.00 £ less scarcity off adj rent 20% 1,440.00 -£ Fair rent 5,760.00 £[5]The Tribunal determines a rent of £5760.00 per quarter. Decision[6]The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was £5760.00 per quarter. The capped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £6781.00 per quarter. The calculation of the capped rent is shown on the decision form. In this case the lower rent of £5760.00 per quarter is to be registered as the fair rent or this property. Chairman: A Harris Date: 20 October 2023 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