61A St. Quintin Avenue, London, W10 6NZ LON/00AW/F77/2024/0602

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AW/F77/2024/0602
Between
Mr Luke YatesApplicantPeabody TrustRespondentMr Luke YatesTenantPeabody TrustLandlord
Before
Judge I MohabirDate 21 November 2024Property: 61A St. Quintin Avenue, London, W10 6NZ

REASONS

The sum of £229.00 per week will be registered as the fair rent with effect from 21 November 2024 being the date the Tribunal made the Decision. ____________________________________ © CROWN COPYRIGHT EXTENDED REASONS FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 2 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 documentary evidence only. Evidence[3]No written submissions were received from either party. Determination and Valuation[4]Having consideration of our own expert, general knowledge of rental values in the area of Kensington and Chelsea, we consider that the open market rent for the property in its current condition would be in the region of £575.00 per week.[5]From this level of rent we have made global adjustments in relation to: For the absence of double glazing, tenant’s floor coverings, curtains, white goods, the tenant’s internal decoration obligation under the terms of the tenancy and the fact that the property is unfurnished totalling 25%.[7]The Tribunal has also made an adjustment for scarcity.[8]The full valuation is shown below: per week Market Rent £575.00 Less Deductions above ) No double glazing ) Unfurnished ) 25% No white goods ) Tenant’s floor coverings and carpets ) Adjusted rent, say £431.00 Less Scarcity approx. 20% £86.00 Fair rent £345.00[9]The Tribunal determines a rent of £345.00 per week. Decision[8]The rent has been capped under the provisions of the Rent Acts (Maximum Fair Rents) Order 1999 as it is above MFR of £229.00 per week. Tribunal Judge: Mr I Mohabir Date: 21 November 2024 3 APPEAL PROVISIONS These extended reasons are provided to give the parties an indication as to how the Tribunal made its decision. Any application for permission to appeal should be made on Form RP PTA.