After spending the majority of the last five years out on loan, Rose is making the most of his run in the Tottenham starting XI.
Rose impressed so much in pre-season that Andre Villas-Boas handed the 23-year-old the number three shirt for the season and he has rewarded the Tottenham manager with two impressive displays since the current campaign began.
Rose performed well against Crystal Palace and on Thursday night he scored a stunning goal in the 5-0 hammering of Dinamo Tbilisi in the Europa League.
Yet despite this, rumours persist that Villas-Boas wants to sign compatriot Coentrao from Real Madrid. Rose claimed in pre-season that he would consider leaving White Hart Lane if he did not play regularly this term, but he insists he would have no problem with Spurs if they signed Coentrao, or any other left-back.
"You find a lot about yourself when you have got competition in the squad so I will welcome any new faces," Rose said.
"It won't change how I train every day and how I play if given the chance.
"It will be interesting if Tottenham do bring in another left-back. Then I will just have to assess that when it happens, but I welcome any new players."
Given that he has 37 caps to his name, it is easy to see why Villas-Boas is so keen on signing compatriot Coentrao, but to take Rose' first-team spot away would be tough on the Englishman in his current form.
Although Harry Redknapp played his part in Rose's progression by converting him from a winger in to a full-back, there is no escaping the fact that Rose thought the current QPR boss did not give him a fair chance at White Hart Lane.
But now he appears to have finally found contentment under Villas-Boas, whom he respects highly.
Rose's 25-yard curler against Dinamo Tbilisi on Thursday night - his first for Spurs since that famous north London derby strike in 2010 - showed just how much his confidence has grown under the current manager at Spurs.
"It was a nice feeling to score," added Rose, who has already equalled his goal tally from his loan spell at Sunderland last season.
"It was a nice finish and I was glad it went in. The last time I scored for Tottenham was that one against Arsenal, but it's hard to score goals when you are sat on the bench like I have been at Tottenham.
"I do like to get forward. Once upon a time I used to score quite a few goals, so I hope I get a few more opportunities to do so this season.
"It's something I have set myself the target of doing this season."
With their place in the Europa League group stage now all but assured following Thursday's 5-0 win in Georgia, Tottenham can turn their attention back to the Barclays Premier League where they face Swansea at White Hart Lane on Sunday.
They will once again be without Gareth Bale, who will not be considered - officially because of a foot injury.
Michael Laudrup's men also put five past their Europa League opponents on Thursday, but unlike Spurs they were on the wrong end of a hiding the weekend before as they lost 4-1 to Manchester United.
Villas-Boas believes the Welsh side will be desperate to put on a much better display this weekend.
"They are a difficult team to play against," the Tottenham manager said.
"They come in to the match on the back of a bad result against Manchester United.
"They have the comfort of having played at home on Thursday while we had a long trip back so I expect them to be completely different to the game against Manchester United.
"They will come out very, very strong."