Flat 50, 25 Gresse Street , London , W1T 1QP
LON/00AG/MNR/2023/0428 · Camden · decided 1 Jan 2024
old rules| Rent before the notice | £1,700 |
|---|---|
| Rent the landlord proposed | £2,800 |
| Rent the tribunal decided | £2,300 +35.3% on the rent before |
| New rent takes effect | 25 Oct 2023 |
| Date of the landlord's notice | 12 Sep 2023 |
| Rules | Old rules (notice dated before 1 May 2026): the tribunal could also set a rent higher than the landlord's figure. |
| Property | flat, 1 bedroom |
Rents per calendar month as the tribunal recorded them (weekly rents × 52 ÷ 12). Read from the PDF automatically.
From the tribunal's valuation
In the first instance the Tribunal determined what rent the landlord could reasonably be expected to obtain for the property in the open market if it were let today in the condition that is considered usual for such an open market letting. Based upon the evidence provided by the parties together with its expert knowledge, the Tribunal consider that the subject property, if finished to a reasonable standard with modern kitchen and bathroom fittings would be likely to attract a rent let on an assured shorthold tenancy, for £2,400 per month. Next, we need to adjust that hypothetical rent of £2,400 per month to allow for dated kitchen and bathroom fittings. Using our own expertise we considered that deductions of £100 should applied in order to take into account the above matters This provides a This reduces the figure to £2,300 per month. It should be noted that this figure cannot be a simple arithmetical calculation and is not based upon capital costs but is the tribunal’s estimate of the amount by which the rent would need to be reduced to attract a tenant. … The Tribunal determines a rent of £2,300 per calendar month.
An extract. To keep people's names out, any sentence that might contain one is left out (marked …). The full reasons are in the original decision.
The original
Past decisions are not a prediction. Each tribunal decides on the evidence in front of it.