MR evidence Flashcards
Why was evidence from the same area of the pitch given less weight?
803 was let at a rent of £100 ZA, however the agent informed me that this reflected that it was let with full fit out, it was also a restaurant unit so not as comparable given the size of the subject
845 was let at a rent reflecting £70 ZA, however agent informed me that the property was in poor condition, including water ingress
It was difficult for me to assess the impact of these on value and i therefore placed less weight on this evidence
What was your best piece of evidence?
705 Fulham Road - letting to Acai Girls May-22
£88 psf - marginally inferior in location but extra RF
If they press, ex-act but unrepresented tenant
What was the letting at 705 Fulham Road and how did you consider this against the subject?
705 Fulham Road - letting to Acai Girls May-22
£88 psf - marginally inferior in location but extra RF
If they press, ex-act but unrepresented tenant
Otherwise comparable terms
What was the letting at 790 Fulham Road and how did you consider this against the subject?
£80.50 psf - Dahlia Bridal
Reflects off-pitch position, expected to see a premium on subject property
