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

London

£650,000
Listed on 18/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
700 sqft

Description

This freehold property presents a compelling investment opportunity located on a well-regarded residential street in Forest Gate. Comprising two generously sized 2-bedroom flats, each equipped with their own living area, kitchen, and bathroom facilities, this double-fronted end-terrace home is not only designed for immediate rental yields but also offers considerable renovation potential. Currently structured to accommodate two separate units across the ground and first floors, the property benefits from existing architectural plans that propose conversion into three flats, which can significantly enhance its market value pending planning approval. Alternatively, it could be transformed into a spacious family home to meet personal requirements. With strong rental demand in this desirable East London locale and close proximity to transport links including Forest Gate Station and the Elizabeth Line, as well as local amenities and green spaces like Wanstead Flats, this property is ideal for investors or developers looking for flexibility in their investment strategy.

Investment Analysis

(E7 area)

Above Market Value

This property is priced +78.0% above area average per sq ft

+78.0%
This Property
£929/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£469
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£401,671
10% above area average per sq ft
Potential ROI
-45.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (E7)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +2.2%
5 year growth: +17.7%
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, London, E7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 over 30 years at 4.06% 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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