# 2 bedroom flat for rent (E14 2DG)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, SETTLERS COURT, 17, NEWPORT AVENUE, LONDON, GREATER LONDON E14 2DG |
| Price | £2,150 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | E |
| Last sold | £300,000 Feb 2025 |

## Description

A well presented, one bedroom apartment on the first floor of this block within the Virginia quay development which is well located for Canary Wharf.  East India DLR station is a two minute walk away.

Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (**ChestertonsLettings**)

## Property Photos

- ![Reception](/listings/photos/91109409/2314807) - Reception
- ![Exerior](/listings/photos/91109409/2314808) - Exerior
- ![Bedroom](/listings/photos/91109409/2314809) - Bedroom
- ![View](/listings/photos/91109409/2314810) - View
- ![Kitchen](/listings/photos/91109409/2314811) - Kitchen
- ![Bathroom](/listings/photos/91109409/2314812) - Bathroom
- ![Reception](/listings/photos/91109409/2314813) - Reception
- ![Bedroom 2](/listings/photos/91109409/2314814) - Bedroom 2
- ![Exterior](/listings/photos/91109409/2314815) - Exterior
- ![Bathroom](/listings/photos/91109409/2314816) - Bathroom
- ![Reception](/listings/photos/91109409/2314817) - Reception
- ![Bedroom](/listings/photos/91109409/2314818) - Bedroom
- ![Reception](/listings/photos/91109409/2314819) - Reception
- ![Exterior](/listings/photos/91109409/2314820) - Exterior
- ![Reception](/listings/photos/91109409/2314821) - Reception

## Floorplans

- ![Floorplan](/listings/photos/91109409/2314822) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/91109409/2314823) - EPC Rating Graph

## Rental Range

*ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,195/mo
- **Realistic:** £2,439/mo
- **Optimistic:** £2,683/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 |
|------|------|------|------|------|
| [Settlers Court,  17 Newport Avenue, E14](http://87.117.209.195:8080/listings/4ef11d6) | £2,150/mo | 2 | 0 miles | Rightmove |
| 2 Bed Flat, Switch House, E14 | £2,650/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Lighterman Point, E14 | £2,300/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, Lighterman Point, E14 | £2,550/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, Glass Blowers House, E14 | £2,400/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Grantham House, E14 | £3,000/mo | 2 | 0.3 miles | OpenRent |

**Average rent: £2,508/mo (6 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,475/mo).*

- **Gross yield:** 1381.4%
- **Monthly cashflow:** £2,194/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4222.7%

*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)