# 1 bedroom apartment for sale (E14 9QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1619, NEW PROVIDENCE WHARF, 1, FAIRMONT AVENUE, LONDON, GREATER LONDON E14 9QJ |
| Price | £375,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £375,000 Mar 2026 |

## Description

GUIDE PRICE: £375,000 - £400,000

This one bedroom apartment extends to 515 square feet and is extremely well laid-out. Set on the sixteenth floor the apartment benefits from an astounding amount of natural light in all principal rooms, the private balcony provides a pleasant outlook over the River Thames towards the o2 Arena. 

New Providence Wharf is a prominent development built by Ballymore which helped set the standard of contemporary living in the Canary Wharf area. With a 24 hour concierge service, full gym, spa and swimming pool facilities on site, this development has a lot to offer its residents. 

A plethora of shops, restaurants, cafés and dining options are available at Canary Wharf. 

Blackwall DLR is a short walk away and Canary Wharf itself is a 14 minute walk which has access to the DLR, Jubilee Line and the new Elizabeth Line.

## Property Photos

- ![Photo](/listings/photos/134420825/1392162)
- ![Photo](/listings/photos/134420825/1392163)
- ![Photo](/listings/photos/134420825/1392164)
- ![Photo](/listings/photos/134420825/1392165)
- ![Photo](/listings/photos/134420825/1392166)
- ![Photo](/listings/photos/134420825/1392167)
- ![Photo](/listings/photos/134420825/1392168)
- ![Photo](/listings/photos/134420825/1392169)

## Floorplans

- ![Floorplan 1](/listings/photos/134420825/1392170) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/134420825/1392171) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEW PROVIDENCE WHARF, 1 FLAT 1619 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QJ | £375,000 | 27/03/2026 | 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 |
|---------|-------|------|------|
| NEW PROVIDENCE WHARF, 1 FLAT 738 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £335,000 | 27/03/2026 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 1105 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BE | £430,000 | 19/01/2026 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 305 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AY | £400,000 | 09/01/2026 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1419 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW | £550,000 | 06/01/2026 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1002 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PA | £525,000 | 19/12/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2502 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £265,000 | 19/12/2025 | Flat |
| ONTARIO TOWER, 4 FLAT 1710 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JB | £300,100 | 19/12/2025 | Flat |
| [Same street] NEW PROVIDENCE WHARF, 1 FLAT 1231 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QJ | £345,000 | 17/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 824 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £235,000 | 16/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 733 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £325,000 | 12/12/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2805 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £656,000 | 12/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 621 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PF | £345,000 | 05/12/2025 | Flat |
| ONTARIO TOWER, 4 FLAT 803 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JA | £255,000 | 02/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1323 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW | £590,000 | 01/12/2025 | Flat |
| MICHIGAN BUILDING, 2 FLAT 207 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QT | £325,000 | 14/11/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 330 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £1,246,000 | 08/07/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2809 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £542,500 | 28/03/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2209 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £495,000 | 07/02/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £445,000 | 29/11/2024 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £445,000 | 29/11/2024 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2909 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £410,000 | 19/07/2024 | Flat |

**Street average:** £345,000 (1 sale)
**Area average:** £455,980 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £506,475 (242 Flat, E14, 2024–2026)
- **Deviation:** -26%

## 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, New Providence Wharf, E14 | £2,200/mo | 1 | 0.05 miles | OpenRent |
| Studio Flat, Ontario Tower, E14 | £1,750/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Flat, Ontario Tower, E14 | £2,275/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Biscayne Avenue, E14 | £2,500/mo | 1 | 0.08 miles | OpenRent |
| 1 Bed Flat, Naval Row, E14 | £1,700/mo | 1 | 0.21 miles | OpenRent |

**Average rent: £2,085/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.59% (weak for cashflow)
- **Max investor price (0.8%):** £275,000
- **Target investor price (1%):** £220,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,200/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.2×
- **Monthly cashflow:** £478/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -32.8%
- **10y growth:** -5.8%

## House Price Index (HM Land Registry)

*Official index for Tower Hamlets; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** -14.7%
- **5y growth (index):** -18.7%
- **10y growth (index):** -11.1%

## 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)