Post by sirius on Mar 2, 2017 21:04:21 GMT
Hi
Is anyone else confused as to the difference in rental described by FS and the rental figures shown in the valuers email?
FS state that, "Discussions are at an advanced stage with the council and the care provider at a rent of £116k per annum". (Which equates to £172 a week per unit).
The valuer has placed a weekly figure of £222 per week, £150k per annum, in his email valuation to FS......"With reference to the above and your emailed note with attachments of 28th November.....".
Using the £116k figure, the valuation reduces from @ 1m to @£350K.
As a newbie, I feel sure I am missing something here. Can anyone with more experience enlighten me please?
Is anyone else confused as to the difference in rental described by FS and the rental figures shown in the valuers email?
FS state that, "Discussions are at an advanced stage with the council and the care provider at a rent of £116k per annum". (Which equates to £172 a week per unit).
The valuer has placed a weekly figure of £222 per week, £150k per annum, in his email valuation to FS......"With reference to the above and your emailed note with attachments of 28th November.....".
Using the £116k figure, the valuation reduces from @ 1m to @£350K.
As a newbie, I feel sure I am missing something here. Can anyone with more experience enlighten me please?