# 1 bedroom apartment for rent (E14 9SB) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 2403, 1 PARK DRIVE, LONDON, GREATER LONDON E14 9SB | | Price | £3,800 pcm | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | E | | Last sold | £847,700 Sep 2023 | ## Description This spacious one bedroom apartment is situated in One Park Drive, a landmark development in Canary Wharf. The apartment has been meticulously finished to a high standard, with natural materials and finishes throughout. The apartment comprises a large, open plan kitchen and living area, bedroom fitted with wrdrobes and modern bathroom. The living area opens up onto a private balcony, flooding the apartment with natural light. There are fantastic views over the river and dock. Storage cupboards in the entrance and fitted wardrobes in the bedroom provide plenty of storage throughout the property. Once all facilities are complete residents also have access to a number of on-site amenities, including: - 24 hour concierge service - Residents’ lounge and library - Private cinema - Residents’ health club with pool and spa The Estate’s dedicated Canary Wharf concierge will be on hand to provide a range of services and residents will also benefit from the unrivalled management and security provided for the Estate. Its residents will enjoy excellent transport connections with the Docklands Light Railway, Jubilee line underground station and the new Crossrail network once complete. There is a requirement of a 5 week (rent equivalent under £50,000 per annum) deposit for new and renewed tenancies (or 6 weeks if the annual rent is £50,000 or more). For more information about our fees please visit our web-site's 'Tenant Fees' page located under the Rent tab. CBRE Limited on its behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2.Whilst CBRE Limited uses reasonable endeavours to ensure that the information in these particulars is materially correct, some of the information is derived from third parties and has not been verified by us. Any intending Purchasers, Lessees or Third Parties should not rely on this information as a statement or representation of fact, but must satisfy themselves by their own inspection, searches, enquiries, surveys or otherwise as to the accuracy and completeness. 3. To the maximum extent permitted by law CBRE Limited accepts no liability or responsibility for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss of profits resulting from direct or indirect actions based upon the content of these particulars. No person in the employment of CBRE Limited has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all purchase prices and rents are correct at the date of publication and, unless otherwise stated, are quoted exclusive of VAT. Lease details and service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. ## Property Photos - ![One Park Drive](/listings/photos/163277555/209666) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209669) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209671) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209673) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209675) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209679) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209684) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209686) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209693) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209698) - One Park Drive - ![One Park Drive](/listings/photos/163277555/209703) - One Park Drive ## EPC Graphs - ![Epc](/listings/photos/163277555/209707) - Epc ## Rental Range *ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £2,169/mo - **Realistic:** £2,410/mo - **Optimistic:** £2,651/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Inner East London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,436/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | Studio Flat, Park Drive, E14 | £2,817/mo | 1 | 0.01 miles | OpenRent | | 1 Bed Flat, One Park Drive, E14 | £4,750/mo | 1 | 0.02 miles | OpenRent | | 1 Bed Flat, Park Drive, E14 | £2,100/mo | 1 | 0.04 miles | OpenRent | | 1 Bed Flat, Hampton Tower, E14 | £2,950/mo | 1 | 0.13 miles | OpenRent | | 1 Bed Flat, Hampton Tower, E14 | £2,899/mo | 1 | 0.14 miles | OpenRent | | Studio Flat, Pan Peninsula, E14 | £1,900/mo | 1 | 0.21 miles | OpenRent | | Studio Flat, Pan Peninsula Square, E14 | £1,900/mo | 1 | 0.21 miles | OpenRent | | Studio Flat, Pan Peninsula Square, E14 | £2,000/mo | 1 | 0.21 miles | OpenRent | | Studio Flat, Pan Peninsula Square, E14 | £1,800/mo | 1 | 0.21 miles | OpenRent | | 1 Bed Flat, Cold Harbour, E14 | £1,950/mo | 1 | 0.29 miles | OpenRent | | Studio Flat, Bridge House Quay, E14 | £1,537/mo | 1 | 0.3 miles | OpenRent | | 1 Bed Flat, Cold Harbour Waterfront, E14 | £1,950/mo | 1 | 0.32 miles | OpenRent | **Average rent: £2,379/mo (12 listings)** ## Rent-driven metrics *Based on OpenRent comparables (median £1,975/mo).* - **Gross yield:** 623.7% - **Monthly cashflow:** £1,738/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1892.1% *Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)