We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · GL50 3AF
For saleReduced £15k (−5.5%) on 11 SepListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an enviable position on one of Cheltenham’s most prestigious roads, this beautifully presented two bedroom apartment offers an exceptional opportunity to enjoy stylish living in the heart of the town’s most sought-after district.
Situated just moments from Montpellier and central Cheltenham, the property combines elegant accommodation, wonderful views and the rare benefit of low management costs within a highly regarded building where owners have the opportunity to become involved in the management through membership of the board of directors.
Accessed via a welcoming entrance hall, the apartment immediately impresses with its light and spacious feel.
The heart of the home is a superb open-plan sitting and dining room, a wonderfully bright space enhanced by a large picture window framing far-reaching views across Cheltenham towards Cleeve Hill.
French doors open directly onto a private balcony, creating a seamless connection between the living space and the stunning outlook beyond.
The balcony is a particular highlight of the property, enjoying an elevated position with panoramic views stretching towards the Malvern Hills to the west, where spectacular sunsets can be enjoyed throughout the year, whilst also capturing attractive views towards Cleeve Hill and the surrounding Cheltenham skyline.
The adjoining kitchen is thoughtfully designed with integrated appliances and provides a practical yet sociable space, perfectly suited to both everyday living and entertaining.
Both bedrooms are generous doubles and benefit from built-in storage, while a contemporary bathroom completes the accommodation.
Throughout, the apartment is presented in excellent order, offering a turnkey opportunity in a location where properties of this quality are rarely available.
Further benefits include allocated off-road parking for one vehicle together with residents' permit parking availability if required.
Parabola Road is widely regarded as one of Cheltenham’s premier addresses, positioned within a short stroll of Montpellier’s fashionable boutiques, cafés, wine bars and award-winning restaurants.
The beautiful Montpellier Gardens, Imperial Gardens and Cheltenham town centre are all within easy walking distance, creating an unrivalled lifestyle opportunity.
Cheltenham is renowned for its elegant Regency architecture, thriving cultural scene and internationally acclaimed festivals including the Literature Festival, Jazz Festival, Science Festival and the world-famous Cheltenham Festival at Prestbury Park Racecourse.
Excellent transport links via Cheltenham Spa railway station and the nearby M5 motorway provide convenient access to Birmingham, Bristol, London and beyond.
Offering outstanding views, a private balcony, allocated parking and one of the finest locations in Cheltenham, this exceptional apartment represents a rare opportunity for discerning purchasers seeking premium town-centre living within a well-managed and highly desirable development.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Flat 4, Marchmont, Parabola Road, Cheltenham
Explore nearby