# 2 bedroom flat for rent (E14 9BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 4802, 1 PARK DRIVE, LONDON, GREATER LONDON E14 9BB |
| Price | £4,333 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | F |
| Last sold | £1,440,000 Aug 2023 |

## Description

Knight Frank are pleased to offer this 48th floor apartment located within the One Park Drive development.  The apartment is set over approximately 92.65 sq m (approximately 997 sq ft) and comprises reception room, semi open plan fully fitted kitchen, private balcony, principal bedroom with dressing area and en suite, second bedroom with fitted wardrobes and guest bathroom.  The apartment is offered on a furnished basis.

The development offers 24 hour concierge/security, residents cinema, residents lounge, swimming pool and gym facilities.One Park Drive is located within the new Wood Wharf development situated in Canary Wharf, London E14. Close to transport links including Canary Wharf DLR station (0.3 miles) and Jubilee line underground station (0.2 miles). All times and distances are approximate.

## Property Photos

- ![Photo](/listings/photos/162971168/214129)
- ![Photo](/listings/photos/162971168/214131)
- ![Photo](/listings/photos/162971168/214133)
- ![Photo](/listings/photos/162971168/214135)
- ![Photo](/listings/photos/162971168/214138)
- ![Photo](/listings/photos/162971168/214140)
- ![Photo](/listings/photos/162971168/214142)
- ![Photo](/listings/photos/162971168/214144)
- ![Photo](/listings/photos/162971168/214146)
- ![Photo](/listings/photos/162971168/214148)
- ![Photo](/listings/photos/162971168/214150)
- ![Photo](/listings/photos/162971168/214152)

## Floorplans

- ![4802 One Park Drive ](/listings/photos/162971168/214154) - 4802 One Park Drive 

## EPC Graphs

- ![Generated EPC Graph.](/listings/photos/162971168/214158) - Generated EPC Graph.

## 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):** £1,745/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 |
|------|------|------|------|------|
| 2 Bed Flat, Park Drive, E14 | £5,850/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Semi-Detached House, Hampton Tower, E14 | £4,000/mo | 2 | 0.13 miles | OpenRent |
| 2 Bed Flat, South Quay Square, E14 | £5,200/mo | 2 | 0.15 miles | OpenRent |
| 2 Bed Flat, Marsh Wall, E14 | £3,200/mo | 2 | 0.19 miles | OpenRent |

**Average rent: £4,563/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,600/mo).*

- **Gross yield:** 1273.9%
- **Monthly cashflow:** £4,098/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3913.4%

*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)