# 1 bedroom apartment for rent (E14 9SB) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 2003, 1 PARK DRIVE, LONDON, GREATER LONDON E14 9SB | | Price | £3,700 pcm | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | E | | Last sold | £845,000 Dec 2022 | ## Description SPECTACULAR HIGH FLOOR ONE BEDROOM apartment within the One Park Drive development. The apartment comprises of a spacious living area, open plan fully fitted kitchen, luxurious double bedroom with plenty of built-in wardrobe space, fully tiled bathroom, large private balcony and is offered on a furnished basis. The One Park Drive development is on Canary Wharf's private estate, an eagerly anticipated residential tower designed by award winning Herzog & de Meuron. Residents will benefit from the very latest facilities including a world class exclusive health club situated on the first floor which includes a 20-metre pool, gym, studio space and spa with dramatic floor-to-ceiling glazing offering stunning views across the surrounding parks, gardens and water. In addition there is also a reception with 24 hour concierge, lounge, library and cinema. Ideally located towards the eastern side of the Canary Wharf Estate, close to Jubilee and Canada Square Parks as well as the main shopping centre. Excellent transport links via Canary Wharf Jubilee and Heron Quays DLR stations both of which are 0.5 mile away. ## Property Photos - ![Other](/listings/photos/90929049/1611682) - Other - ![Other](/listings/photos/90929049/1611685) - Other - ![Other](/listings/photos/90929049/1611688) - Other - ![Other](/listings/photos/90929049/1611690) - Other - ![Other](/listings/photos/90929049/1611691) - Other - ![Other](/listings/photos/90929049/1611692) - Other - ![Other](/listings/photos/90929049/1611695) - Other - ![Other](/listings/photos/90929049/1611696) - Other - ![Other](/listings/photos/90929049/1611697) - Other - ![Other](/listings/photos/90929049/1611699) - Other - ![Other](/listings/photos/90929049/1611700) - Other - ![Other](/listings/photos/90929049/1611703) - Other - ![Other](/listings/photos/90929049/1611704) - Other - ![Other](/listings/photos/90929049/1611705) - Other - ![Other](/listings/photos/90929049/1611707) - Other - ![Other](/listings/photos/90929049/1611708) - Other - ![Other](/listings/photos/90929049/1611709) - Other - ![Other](/listings/photos/90929049/1611710) - Other - ![Other](/listings/photos/90929049/1611711) - Other - ![Other](/listings/photos/90929049/1611712) - Other - ![Other](/listings/photos/90929049/1611713) - Other - ![Other](/listings/photos/90929049/1611714) - Other - ![Other](/listings/photos/90929049/1611715) - Other - ![Other](/listings/photos/90929049/1611716) - Other ## Rental Range *ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £2,186/mo - **Realistic:** £2,429/mo - **Optimistic:** £2,672/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 | |------|------|------|------|------| | 1 Bed Flat, Park Drive, E14 | £3,600/mo | 1 | 0 miles | OpenRent | | 1 Bed Flat, One Park Drive, E14 | £3,450/mo | 1 | 0.01 miles | OpenRent | | 1 Bed Flat, Canary Wharf, E14 | £3,700/mo | 1 | 0.01 miles | OpenRent | | Studio Flat, Park Drive, E14 | £2,817/mo | 1 | 0.01 miles | OpenRent | | 1 Bed Flat, Park Drive, E14 | £2,100/mo | 1 | 0.06 miles | OpenRent | | 1 Bed Flat, Hampton Tower, E14 | £2,950/mo | 1 | 0.11 miles | OpenRent | | 1 Bed Flat, Marsh Wall, E14 | £3,000/mo | 1 | 0.12 miles | OpenRent | | 1 Bed Flat, Hampton Tower, E14 | £3,600/mo | 1 | 0.12 miles | OpenRent | | 1 Bed Flat, Charter Street, E22 | £3,400/mo | 1 | 0.16 miles | OpenRent | | Studio Flat, Marsh Wall, E14 | £2,550/mo | 1 | 0.16 miles | OpenRent | | Studio Flat, Amory Tower, E14 | £2,400/mo | 1 | 0.16 miles | OpenRent | | 1 Bed Flat, Marsh Wall, E14 | £3,150/mo | 1 | 0.17 miles | OpenRent | | Studio Flat, Marsh Wall, E14 | £2,297/mo | 1 | 0.17 miles | OpenRent | | Studio Flat, Pan Peninsula, E14 | £1,900/mo | 1 | 0.19 miles | OpenRent | | Studio Flat, Pan Peninsula Square, E14 | £2,000/mo | 1 | 0.19 miles | OpenRent | | 1 Bed Flat, Cold Harbour, E14 | £1,950/mo | 1 | 0.29 miles | OpenRent | | 1 Bed Flat, Cold Harbour, E14 | £1,950/mo | 1 | 0.3 miles | OpenRent | | Studio Flat, Bridge House Quay, E14 | £1,537/mo | 1 | 0.31 miles | OpenRent | | Studio Flat, Bridge House Quay, E14 | £1,710/mo | 1 | 0.31 miles | OpenRent | | 1 Bed Flat, Cold Harbour Waterfront, E14 | £1,950/mo | 1 | 0.34 miles | OpenRent | **Average rent: £2,591/mo (21 listings)** ## Rent-driven metrics *Based on OpenRent comparables (median £2,475/mo).* - **Gross yield:** 802.7% - **Monthly cashflow:** £2,188/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2446.9% *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)