3-bedroom flat · GL50 3AH
For saleReduced £30k (−7.1%) on 3 JulListed 352 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb first-floor apartment with private parking, set within an elegant period building on prestigious Parabola Road – an ideal base for local boarding schools, a stylish permanent residence, or an effortless lock-up-and-leave.
Occupying the first floor of this handsome period property, the apartment perfectly blends the grace and grandeur of its era with a contemporary finish and a thoughtfully designed layout that makes the most of every inch of its versatile space.
The accommodation is approached via an immaculate communal entrance leading to the private front door of No. 5.
The welcoming hallway opens to a beautiful sitting room positioned to the front elevation, enjoying glorious views through two sash windows.
On either side are two generous double bedrooms – one with a sleek en suite shower room and the other adjacent to the main bathroom.
The kitchen is notably spacious, fitted with stylish contemporary cabinetry beneath Quartz work surfaces and featuring integrated Miele appliances, along with room for a small breakfast table.
A third bedroom, currently arranged as a dressing room with an excellent range of fitted wardrobes, could equally serve as a home office or study.
Parabola House occupies an enviable setting in one of Cheltenham's most desirable addresses – moments from The Cheltenham Ladies' College, Montpellier, and its charming parks, cafes, and boutiques.
Unusually for an apartment, the property benefits from private parking for two vehicles.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Parabola House, Cheltenham
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