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Flat 3, 24-26 Cleveland Square, London, W2 6DD LON/00BK/F77/2024/0018
FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No
LON/00BK/F77/2024/0018
Between
Mrs Wanfen Zhang
Applicant
GMS Estates limited
Respondent
Mrs Wanfen Zhang
Tenant
GMS Estates limited
Landlord
Before
Mr A Harris LLM FRICS FCIArb
Date
16 April 2024
Property: Flat 3, 24-26 Cleveland Square, London, W2 6DD
DECISION
The sum of
£29952.00
per year 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 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 and the Landlord.
[4]
The Tenant’s evidence consisted of photographs of disrepair, especially to windows and videos showing considerable damage from water coming from the flat above.
[5]
The Landlord acknowledged the water leak from a flat it does not control and repairs are being carried out under an insurance claim. A claim for loss of rent has not been settled. Determination and Valuation
[6]
In the absence of comparable rental information from the parties the tribunal has relied on its own expert, general knowledge of rental values in the area, and considers 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
£78,000
per year. From this level of rent we have made adjustments in relation to:
a.
The tenants decorating liability
b.
Disrepair
c.
Dated kitchen and bathroom fittings
d.
No carpets curtains or white goods
[7]
The Tribunal has also made an adjustment for scarcity.
[8]
The full valuation is shown below: 3
[9]
The Tribunal determines a s70 rent of
£29,952.00
per year and this equates to
£2496.00
per calendar month. Decision
[10]
The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was
£29952.00
per year. The capped rent for the property according to the provisions of the
Rent Acts (Maximum Fair Rent) Order 1999
is calculated at
£36100.00
per year. The calculation of the capped rent is shown on the decision form. In this case the lower rent of
£29,952.00
per year 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 Fair rent PA Market rent 78,000.00 £ less condition & terms 52% 40,560.00 -£ adjusted rent 37,440.00 £ less scarcity off adj rent 20% 7,488.00 -£ Fair rent 29,952.00 £
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