For sale Flat

One Park Drive

Canary Wharf, E14, E14 9BB

2 beds 2 baths Listed 15 Oct 2024 (-585d)

£1,630,000

Save

# 2 bedroom apartment for sale (E14 9BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | One Park Drive, Canary Wharf, E14, E14 9BB |
| Price | £1,630,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | F |
| Last sold | £1,455,000 |

## Description

Prefer to communicate in Chinese? Connect with our China Desk on WeChat at xiusun1

This two-bedroom apartment in One Park Drive, Canary Wharf, offers a perfect blend of luxury, comfort, and spectacular views, ideal for those seeking a contemporary urban home. Set within the landmark building designed by Herzog & de Meuron, the apartment delivers exceptional craftsmanship and a unique living experience in one of London's most iconic waterfront communities.

The spacious living and dining area is flooded with natural light, thanks to the floor-to-ceiling windows, which frame stunning views of the River Thames and The O2. This bright, open space, complemented by high-quality wood flooring, is perfect for entertaining guests or relaxing in style. The living area opens onto an expansive balcony, offering a serene spot to enjoy the panoramic scenery.

The kitchen is a true highlight, fully equipped with integrated Siemens appliances, including a fridge/freezer, dishwasher, and a wine fridge. The kitchen's modern design, ample storage, and functional layout make it a pleasure for both cooking and hosting. Whether preparing a meal or simply grabbing a snack, this space is designed for ease and elegance.

The bedrooms are equally impressive, providing a warm and tranquil retreat. Both are spacious and feature bespoke timber panelling and ample wardrobe space, ensuring a blend of practicality and style. The master bedroom benefits from an en-suite bathroom finished to the highest standard, featuring a luxurious rain showerhead, bathtub, and modern vanity units. The second bedroom enjoys direct access to the apartment's second bathroom, which offers similar premium finishes, making it both convenient and beautifully designed.

Comfort is guaranteed year-round with underfloor heating throughout and a high-performance air cooling system, allowing you to control the indoor climate regardless of the weather outside.

At One Park Drive, returning home means escaping the world. Enjoy amenities like a swimming pool, gym, sauna, steam room, and cinema, all complemented by a 24-hour concierge service. Residents also have access to a relaxing lounge and library to unwind after a busy day.

Council Tax Band: F (Tower Hamlets Council Tax)

Tenure: Leasehold (238 years)

Service Charge: £10,008 per year

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/153797513/214124) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/153797513/214125) - EPC

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £1,455,000 | 01/01/2024 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DISCOVERY DOCK APARTMENTS EAST, 3 FLAT 92 SOUTH QUAY SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9RU | £620,000 | 19/11/2025 | Flat |
| 10 APARTMENT 1009 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9GD | £570,000 | 03/11/2025 | Flat |
| DISCOVERY DOCK APARTMENTS EAST, 3 FLAT 152 SOUTH QUAY SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9RZ | £500,000 | 11/06/2025 | Flat |
| 10 APARTMENT 1208 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9ZW | £843,525 | 27/03/2025 | Flat |
| 222 FLAT 1306 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £813,000 | 17/03/2025 | Flat |
| 10 APARTMENT 1204 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9ZW | £485,000 | 18/02/2025 | Flat |
| 222 FLAT 1207 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £276,250 | 29/11/2024 | Flat |
| 10 APARTMENT 3704 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QY | £1,379,000 | 29/11/2024 | Flat |
| 1 APARTMENT 2508 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9SB | £1,257,662 | 12/09/2024 | Flat |
| 222 FLAT 1207 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1202 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1105 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1203 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1106 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1208 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1204 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1107 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1308 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1205 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |
| 222 FLAT 1108 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN | £118,309 | 28/08/2024 | Flat |

**Area average:** £402,292 (20 sales)

## Price vs local average

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

- **Local average:** £498,152 (211 Flat, E14, 2024–2026)
- **Deviation:** +227.2%

## 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 Semi-Detached House, Hampton Tower, E14 | £4,100/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Flat, South Quay Square, E14 | £5,200/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Marsh Wall, E14 | £3,200/mo | 2 | 0.19 miles | OpenRent |

**Average rent: £4,167/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.25% (weak for cashflow)
- **Max investor price (0.8%):** £512,500
- **Target investor price (1%):** £410,000

*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 £4,100/mo).*

- **Gross yield:** 3%
- **Cost-to-rent:** 33.1×
- **Monthly cashflow:** £-2,754/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -7%

*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:** -19.4%
- **10y growth:** 13.1%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -11.9%
- **5y growth (index):** -14.5%
- **10y growth (index):** -10.8%

## 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)

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Property details

Tenure

LEASEHOLD

Council tax band

Last sold

£1,455,000

Local average

£498,152 (+227.2%)

Deprivation

Decile 5 (15,484 of 33,755)

Street crime

1106 incidents within 1 mile (Mar 2026)

Key features

Stunning views of the River Thames
49th floor
High specification
Balcony
Residents' gym
Residents' spa
Residents' swimming pool
Residents' lounge & cinema
24-hour Concierge

Additional details

Listed property: No
Restrictions: No
Required access: No
Rights of way: No
Flooded in last 5 years: No
Flood defences: No

Description

Prefer to communicate in Chinese? Connect with our China Desk on WeChat at xiusun1

This two-bedroom apartment in One Park Drive, Canary Wharf, offers a perfect blend of luxury, comfort, and spectacular views, ideal for those seeking a contemporary urban home. Set within the landmark building designed by Herzog & de Meuron, the apartment delivers exceptional craftsmanship and a unique living experience in one of London's most iconic waterfront communities.

The spacious living and dining area is flooded with natural light, thanks to the floor-to-ceiling windows, which frame stunning views of the River Thames and The O2. This bright, open space, complemented by high-quality wood flooring, is perfect for entertaining guests or relaxing in style. The living area opens onto an expansive balcony, offering a serene spot to enjoy the panoramic scenery.

The kitchen is a true highlight, fully equipped with integrated Siemens appliances, including a fridge/freezer, dishwasher, and a wine fridge. The kitchen's modern design, ample storage, and functional layout make it a pleasure for both cooking and hosting. Whether preparing a meal or simply grabbing a snack, this space is designed for ease and elegance.

The bedrooms are equally impressive, providing a warm and tranquil retreat. Both are spacious and feature bespoke timber panelling and ample wardrobe space, ensuring a blend of practicality and style. The master bedroom benefits from an en-suite bathroom finished to the highest standard, featuring a luxurious rain showerhead, bathtub, and modern vanity units. The second bedroom enjoys direct access to the apartment's second bathroom, which offers similar premium finishes, making it both convenient and beautifully designed.

Comfort is guaranteed year-round with underfloor heating throughout and a high-performance air cooling system, allowing you to control the indoor climate regardless of the weather outside.

At One Park Drive, returning home means escaping the world. Enjoy amenities like a swimming pool, gym, sauna, steam room, and cinema, all complemented by a 24-hour concierge service. Residents also have access to a relaxing lounge and library to unwind after a busy day.

Council Tax Band: F (Tower Hamlets Council Tax)
Tenure: Leasehold (238 years)
Service Charge: £10,008 per year

Listed by

London

CROWN HOME BUYING AND LETTING LTD

Reference: 153797513

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC

Price history

Event	Date	Price	% change
Listed for sale	—	£1,630,000	+12%
Sold	01/01/2024 (2 years ago)	£1,455,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
DISCOVERY DOCK APARTMENTS EAST, 3 FLAT 92 SOUTH QUAY SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9RU	£620,000	19/11/2025	Flat
10 APARTMENT 1009 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9GD	£570,000	03/11/2025	Flat
DISCOVERY DOCK APARTMENTS EAST, 3 FLAT 152 SOUTH QUAY SQUARE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9RZ	£500,000	11/06/2025	Flat
10 APARTMENT 1208 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9ZW	£843,525	27/03/2025	Flat
222 FLAT 1306 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£813,000	17/03/2025	Flat
10 APARTMENT 1204 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9ZW	£485,000	18/02/2025	Flat
222 FLAT 1207 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£276,250	29/11/2024	Flat
10 APARTMENT 3704 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QY	£1,379,000	29/11/2024	Flat
1 APARTMENT 2508 PARK DRIVE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9SB	£1,257,662	12/09/2024	Flat
222 FLAT 1207 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1202 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1105 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1203 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1106 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1208 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1204 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1107 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1308 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1205 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat
222 FLAT 1108 MARSH WALL, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9EN	£118,309	28/08/2024	Flat

Area average: £402,292 (20 sales)

Capital growth trend

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

5y growth -19.4%

10y growth 13.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Tower Hamlets. Series: Flats and maisonettes. As of February 2026.

1y (index) -11.9%

5y (index) -14.5%

10y (index) -10.8%

Rental Range

Estimated market rent for Tower Hamlets. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,169/mo

Realistic £2,410/mo

Optimistic £2,651/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Inner East London: £1,745/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View E14 9BB

Address

5 Park Drive

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Porsche Store	0.1 miles
Shop	Boots Opticians	0.1 miles
University	University of Sunderland in London	0.1 miles
Bus stop	Canary Wharf Station	0.1 miles
Bus stop	Churchill Place	0.1 miles
Train station	South Quay	0.2 miles
Train station	Canary Wharf	0.2 miles
University	Ravensbourne University London	0.9 miles
Hospital	The London Independent Hospital	1.9 miles
Hospital	Mile End Hospital	2.0 miles

Street-level crime

Category	Count
Violence and sexual offences	303
Anti-social behaviour	217
Vehicle crime	120
Other theft	86
Shoplifting	71
Public order	70
Theft from the person	54
Burglary	49
Criminal damage and arson	48
Drugs	33
Robbery	23
Possession of weapons	12
Other crime	11
Bicycle theft	9
Total incidents	1106

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
River House Montessori School	Other	0.2 miles	Inadequate — 5 Apr 2023
Panaga School	Other	0.2 miles	— (No rating)
Al Kafilah Damascus Shell School	Other	0.2 miles	— (No rating)
Pdo Oman School	Other	0.2 miles	— (No rating)
Ecole Yenzi	Other	0.2 miles	— (No rating)

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 Semi-Detached House, Hampton Tower, E14	£4,100/mo	2	0.12 miles	OpenRent
2 Bed Flat, South Quay Square, E14	£5,200/mo	2	0.14 miles	OpenRent
2 Bed Flat, Marsh Wall, E14	£3,200/mo	2	0.19 miles	OpenRent

Average rent: £4,167/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.25%

Max investor price (0.8%) £512,500

Target investor price (1%) £410,000

Gross yield 3%

Cost-to-rent ratio 33.1×

Monthly cashflow £-2,754/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -7%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).

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