How is rental flat value during divorce

[Mumof3confused]

I am in the process of negotiating financial split during divorce and I wondered if anyone could tell me how an income producing asset such as a rental flat is valued? There’s £60k or so equity in it, but it produces an income of around £14k per annum.

How would this be valued if one party was to keep the asset? If it was to be sold we’d just split the proceeds but if it’s kept, would it be deemed to be worth more than just half the equity?

A chartered surveyor is paid (by both parties) to value it. They would take in to account the rent it may acheive, which may or may not make it worth more than if it were not a rental property.

Oh ok, that’s interesting. Thank you.