# 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 - ![Photo](/listings/photos/153797513/214103) - ![Photo](/listings/photos/153797513/214104) - ![Photo](/listings/photos/153797513/214105) - ![Photo](/listings/photos/153797513/214106) - ![Photo](/listings/photos/153797513/214107) - ![Photo](/listings/photos/153797513/214108) - ![Photo](/listings/photos/153797513/214109) - ![Photo](/listings/photos/153797513/214110) - ![Photo](/listings/photos/153797513/214111) - ![Photo](/listings/photos/153797513/214112) - ![Photo](/listings/photos/153797513/214113) - ![Photo](/listings/photos/153797513/214114) - ![Photo](/listings/photos/153797513/214115) - ![Photo](/listings/photos/153797513/214116) - ![Photo](/listings/photos/153797513/214117) - ![Photo](/listings/photos/153797513/214118) - ![Photo](/listings/photos/153797513/214119) - ![Photo](/listings/photos/153797513/214120) - ![Photo](/listings/photos/153797513/214121) - ![Photo](/listings/photos/153797513/214122) - ![Photo](/listings/photos/153797513/214123) ## 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 Flat, Park Drive, E14 | £5,850/mo | 2 | 0 miles | OpenRent | | 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: £4,588/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.29% (weak for cashflow) - **Max investor price (0.8%):** £581,250 - **Target investor price (1%):** £465,000 *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 £4,650/mo).* - **Gross yield:** 3.4% - **Cost-to-rent:** 29.2× - **Monthly cashflow:** £-2,259/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -5.7% *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)