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Glenparke Road, Forest Gate, E7 - Image 1
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Glenparke Road, Forest Gate, E7

London

£580,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1038 sqft

Description

Nestled in a desirable section of Forest Gate, this spacious three-bedroom home presents a promising canvas for renovation and investment. The property features a rear extension that enhances the living space on the ground floor, creating an inviting environment for families or individuals seeking extra room to grow. Inside, the home boasts a bright lounge that flows seamlessly into a separate kitchen and dining area, with access to a private rear garden that offers potential for outdoor entertaining or gardening. The first floor accommodates a family bathroom alongside three generously sized bedrooms, perfect for those in need of additional space or looking to create dedicated work-from-home areas. While the residence is currently in good condition, there is ample opportunity for modernization throughout. Buyers can take advantage of this potential to refresh the interiors and tailor the property to suit their personal style, ultimately enhancing its market value. Externally, the private garden provides a tranquil setting for relaxation, and on-street parking is conveniently available at the front of the property. Located on Glenparke Road, residents benefit from close proximity to local amenities including shops, cafés, schools, and nearby green spaces like Wanstead Flats. The area benefits from excellent transport links, with both Forest Gate Elizabeth Line Station and Wanstead Park Overground Station within easy reach, ensuring quick access to Stratford, Central London, and beyond. This home not only offers comfortable living but also represents a strategic investment opportunity in one of East London's rapidly evolving neighborhoods.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +8.4% above area average per sq ft

+8.4%
This Property
£559/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£478
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£588,541
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 4.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on E7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Glenparke Road, Forest Gate, E7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,125
Based on a loan of £435,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE