# 3 bedroom apartment for rent (E20 1BR) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 2, FESTUCA HOUSE, 38, MIRABELLE GARDENS, LONDON, OLYMPIC PARK, GREATER LONDON E20 1BR | | Price | £3,000 pcm | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | D | | Last sold | £595,000 May 2022 | ## Description Bright and spacious apartment in the heart of east village. Property can be furnished or unfurnished and has all white goods, kitchen appliances and integrated storage space. Apartment is finished to a high standard and has spacious private balcony with courtyard view. A short walk away you will find all local amenities, shops, restaurants as well as Stratford underground station. Westfield shopping centre is also just stone throw away! Property is available now and early viewings are highly recommended! Rent is payable on a monthly basis and you may be required to pay more than a month’s rent in advance, depending on your circumstances. You will be required to pay a 1 week holding deposit following a successful offer. Utility bills, council tax, telephone line and broadband are not included in the rent. As well as paying the rent, you may also be required to make some additional permitted payments. If your tenancy does not qualify as an AST, additional fees may apply. Please visit jll.co.uk/fees for details of fees which may be payable when renting a property. Deposit: £3,461.53 Council Tax Band: D To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker ## Property Photos - ![Photo](/listings/photos/167769635/210741) - ![Photo](/listings/photos/167769635/210743) - ![Photo](/listings/photos/167769635/210744) - ![Photo](/listings/photos/167769635/210745) - ![Photo](/listings/photos/167769635/210747) - ![Photo](/listings/photos/167769635/210748) - ![Photo](/listings/photos/167769635/210749) - ![Photo](/listings/photos/167769635/210750) - ![Photo](/listings/photos/167769635/210751) - ![Photo](/listings/photos/167769635/210752) - ![Photo](/listings/photos/167769635/210753) - ![Photo](/listings/photos/167769635/210754) - ![Photo](/listings/photos/167769635/210755) - ![Photo](/listings/photos/167769635/210756) - ![Photo](/listings/photos/167769635/210757) - ![Photo](/listings/photos/167769635/210758) - ![Photo](/listings/photos/167769635/210759) - ![Photo](/listings/photos/167769635/210760) - ![Festuca House](/listings/photos/167769635/210762) - Festuca House - ![Festuca House](/listings/photos/167769635/210763) - Festuca House - ![Photo](/listings/photos/167769635/210764) - ![Photo](/listings/photos/167769635/210765) - ![Photo](/listings/photos/167769635/210766) - ![Festuca House](/listings/photos/167769635/210768) - Festuca House - ![Festuca House](/listings/photos/167769635/210769) - Festuca House - ![Photo](/listings/photos/167769635/210771) ## Floorplans - ![Festuca House](/listings/photos/167769635/210772) - Festuca House ## EPC Graphs - ![Energy Performanc...](/listings/photos/167769635/210774) - Energy Performanc... ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | FESTUCA HOUSE, 38 FLAT 2 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £595,000 | 10/05/2022 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CAVESSON HOUSE, 2 FLAT 37 RIBBONS WALK, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1AZ | £360,000 | 03/11/2025 | Flat | | FESTUCA HOUSE, 38 FLAT 22 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £585,000 | 03/02/2025 | Flat | | KALEIDOSCOPE HOUSE, 25 FLAT 29 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BU | £476,000 | 05/12/2023 | Flat | | FESTUCA HOUSE, 38 FLAT 19 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £568,500 | 03/11/2023 | Flat | | FESTUCA HOUSE, 38 FLAT 13 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £560,000 | 18/08/2023 | Flat | | MOGUL BUILDING, 4 FLAT 12 PROSPECT ROW, LONDON, NEWHAM, GREATER LONDON, E15 1FY | £545,050 | 11/08/2023 | Flat | | MOGUL BUILDING, 4 FLAT 28 PROSPECT ROW, LONDON, NEWHAM, GREATER LONDON, E15 1FY | £400,000 | 31/07/2023 | Flat | | VESTA HOUSE, 4 FLAT 97 LIBERTY BRIDGE ROAD, LONDON, NEWHAM, GREATER LONDON, E20 1GT | £555,000 | 12/07/2023 | Flat | | CAVESSON HOUSE, 2 FLAT 48 RIBBONS WALK, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1AZ | £456,000 | 21/06/2023 | Flat | | SADDLERS HOUSE, 13 FLAT 50 RIBBONS WALK, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1AX | £430,000 | 06/06/2023 | Flat | | FESTUCA HOUSE, 38 FLAT 10 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £543,000 | 28/04/2023 | Flat | | GALENA HEIGHTS, 47 FLAT 22 MIRABELLE GARDENS, LONDON, NEWHAM, GREATER LONDON, E20 1BS | £160,000 | 19/12/2022 | Flat | | CAVESSON HOUSE, 2 FLAT 38 RIBBONS WALK, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1AZ | £344,500 | 16/12/2022 | Flat | | FESTUCA HOUSE, 38 FLAT 17 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £540,000 | 01/12/2022 | Flat | | VESTA HOUSE, 4 FLAT 117 LIBERTY BRIDGE ROAD, LONDON, NEWHAM, GREATER LONDON, E20 1GT | £575,000 | 27/10/2022 | Flat | | VESTA HOUSE, 4 FLAT 100 LIBERTY BRIDGE ROAD, LONDON, NEWHAM, GREATER LONDON, E20 1GT | £525,000 | 21/10/2022 | Flat | | FESTUCA HOUSE, 38 FLAT 27 MIRABELLE GARDENS, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1BR | £560,000 | 26/09/2022 | Flat | | VESTA HOUSE, 4 FLAT 107 LIBERTY BRIDGE ROAD, LONDON, NEWHAM, GREATER LONDON, E20 1GT | £560,000 | 20/09/2022 | Flat | | VEGA HOUSE, 17 FLAT 35 PRIZE WALK, OLYMPIC PARK, LONDON, NEWHAM, GREATER LONDON, E20 1AB | £357,500 | 16/09/2022 | Flat | | MOGUL BUILDING, 4 FLAT 8 PROSPECT ROW, LONDON, NEWHAM, GREATER LONDON, E15 1FY | £390,000 | 26/08/2022 | Flat | **Area average:** £474,528 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £624,175 (20 Flat, E20, 2024–2026) - **Deviation:** -99.5% ## Rental Range *ONS Price Index of Private Rents (Newham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,731/mo - **Realistic:** £1,923/mo - **Optimistic:** £2,115/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Outer East London (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,670/mo ## 1% Rule - **Rent ratio:** 64.1% (strong) - **Max investor price (0.8%):** £240,375 - **Target investor price (1%):** £192,300 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 68.7% - **10y growth:** 10% ## House Price Index (HM Land Registry) *Official index for Newham; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -8.1% - **5y growth (index):** -11.7% - **10y growth (index):** 2.9% ## 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)