2-bedroom flat · GL50 3BD
To rentListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Move Sales & Lettings are proud to offer a spacious two double bedroom ground floor apartment, ideally situated in the ever-popular location of Parabola Road.
The property benefits from its own private entrance and a communal front garden. Upon entering, a generous hallway provides access to all rooms.
The living room is positioned to the front of the property and features a characterful fireplace, with ample space for multiple sofas and a dining table if desired.
Large windows overlook the front garden and provide attractive views.
To the rear of the property is the kitchen, which is fitted with an electric oven and hob, dishwasher, washing machine and a free standing fridge/freezer.
A door from the kitchen leads through to a useful utility space. The apartment offers two double bedrooms, with one positioned to the front and the other to the rear.
Both bedrooms benefit from large windows providing plenty of natural light. The family bathroom is also located within the property and is fitted with a bath with an overhead shower.
On-street permit parking is available via the council, subject to availability, with permits available for up to two cars.
Parabola Road is a highly sought-after location, with Montpellier located at the end of the street, providing easy access to its popular selection of independent shops, cafés, restaurants and bars.
Cheltenham town centre is also within easy reach, along with local amenities, green spaces and excellent transport links.
This convenient position makes the property ideally placed for enjoying both Montpellier and the wider amenities Cheltenham has to offer.
Council Tax Band - C A holding deposit equivalent of one week’s rent is required to secure the property. This amount goes towards the first month’s rent.
Deposit payable will be equivalent to five weeks rent. Please contact Move for further information or to arrange a viewing.
EPC Rating: D Communal Garden A communal garden is positioned to the front of the property Parking - On Street Subject to availability from the council
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Flat 1, The Pines Parabola Road, Cheltenham
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