# 2 bedroom apartment for rent (E14 9QY)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 3402, 10 PARK DRIVE, LONDON, GREATER LONDON E14 9QY |
| Price | £6,296 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | F |
| Last sold | £1,219,500 Dec 2022 |

## Description

A beautifully furnished 2-bedroom, 2-bathroom apartment at 10 Park Drive offers approximately 103.49 sq m (1,114 sq ft) of contemporary riverside living. 

The bright, open-plan reception, dining area, and fully fitted kitchen with island are perfect for entertaining, while the west-facing terrace provides a private outdoor retreat. The master bedroom features a dressing area, en-suite, and private balcony, with a second double bedroom also offering an en-suite/guest bathroom. 

Residents benefit from 24-hour concierge, a residents’ lounge and terrace, and exclusive access to Third Space gym and wellness facilities. Located less than a mile from Canary Wharf and 0.4 miles from Westferry DLR, with Limehouse and Victoria Park nearby, this stylish home combines luxury, convenience, and comfort.

Council Tax Band: F

Minimum contract: 12 months

Change of contract fee: £50 including VAT

Holding Deposit - £1,453 - 1 weeks rent, subject to agreed offer

Electricity supply – Mains | Heating, Hot Water – Communal supply | Water Supply & Sewerage – Mains | Lift Access

To check broadband and mobile phone coverage please visit Ofcom

## Property Photos

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## Floorplans

- ![Floorplan.jpg](/listings/photos/171256721/223894) - Floorplan.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/171256721/223895) - EE Rating

## 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, Crossharbour, E14 | £1,600/mo | 2 | 0.33 miles | OpenRent |
| 2 Bed Flat, Millhabour, E14 | £2,600/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Flat, Short Term Let, E14 | £5,500/mo | 2 | 0.37 miles | OpenRent |
| 2 Bed Flat, Millharbour, E14 | £5,500/mo | 2 | 0.37 miles | OpenRent |

**Average rent: £3,800/mo (4 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £4,050/mo).*

- **Gross yield:** 771.9%
- **Monthly cashflow:** £3,595/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2362.9%

*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)