1/25
£1,195,000
4 beds · 3 baths · 1,971 sq ft
Grafton Road, Cheltenham, GL50
0.05 miles away
Freehold
Auction
1/12
Auction
1/12
2 bed flat for sale Park Place, Cheltenham, GL50
Offers over
£50,000
Added on 27/09/2026
Added on 27/09/2026
For sale by auctionRetirement home
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- £82 per sq ft
- Tenure
- Leasehold
Highlights
From the agent's description
- Chain free
- Period property
- Lift
- Dual aspect
About this property
***MINIMUM AGE 55***OPTION TO EXTEND LEASE***CHAIN FREE***
Beautiful presentation, chain free retirement apartment commanding a corner position within a Georgian building, located on The Park. Giving easy access’s to Bath road‘s thriving social scene & local amenities for easy living.
Park up in one of the many residents parking spaces, then step inside. Choose either the lift or stairs to gain access to the 1st floor. Once over the threshold a sizeable entrance hall gives access to all rooms and boast a double cloakroom.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,580
- Band B£1,843
- Band C£2,106
- Band D£2,370
- Band E£2,896
- Band F£3,423
- Band G£3,949
- Band H£4,739
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Cheltenham, 2026/27 bills run from £1,580 a year in band A to £4,739 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Cheltenham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Price guide
This home
£82 / sq ft
Area average (sold)
£392 / sq ft
Price per area, sold homes nearby
£259 / sq ft
£82 / sq ft
£544 / sq ft
Lowest
This home
Highest
£82 per sq ft, below almost all recent sales in GL50 (£259–£544, 10th–90th percentile, 774 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 774 homes sold in GL50 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in GL50 →
Location
Park Place, Cheltenham, GL50
Mortgage and stamp duty
Property price £50,000
£25k £75k
Deposit10% £5,000
£0 £50k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £45,000 mortgage. Most lenders would want a household income of about £10,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 1, Heysham House, 52, Park Place Flat / maisonette | Flat / maisonette | Feb 2026 | 1,668 sq ft £474/sq ft | 1,668 sq ft | £474 | £790,000 |
| Flat 35, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Mar 2025 | n/a | n/a | n/a | £90,000 |
| Flat 18, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Aug 2024 | 344 sq ft £183/sq ft | 344 sq ft | £183 | £63,000 |
| Flat 30, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Feb 2024 | 570 sq ft £207/sq ft | 570 sq ft | £207 | £118,000 |
| Flat 26, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Jul 2022 | n/a | n/a | n/a | £125,000 |
| Flat 5, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Apr 2022 | n/a | n/a | n/a | £65,000 |
| Flat 32, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Nov 2021 | n/a | n/a | n/a | £125,000 |
| Flat 25, Mercian Court, 46, Park Place Flat / maisonette | Flat / maisonette | Sept 2021 | n/a | n/a | n/a | £120,000 |
Area insights
The neighbourhood around this property.
Marketed by
RA Bennett, Cheltenham
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