1/15

2 bed flat for sale Parabola Road, Cheltenham, GL50

Guide price

£650,000

Added on 29/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £788 per sq ft
Tenure: Leasehold

Key features

NO ONWARD CHAIN - SEAMLESS, CHAIN-FREE PURCHASE.
Exceptional, future-proofed turnkey luxury apartment with bespoke Control4 and Lutron home automation.
Immaculate finish, with all developer snagging works completed.
£23,000 worth of bespoke Silent Gliss curtains with automated tracks included.
Generous open-plan kitchen, dining and living space.
High-specification Nolte kitchen with integrated Miele appliances.
Principal bedroom with fitted wardrobes and en suite shower room.
Private, west-facing enclosed terrace with French doors from the living area and both bedrooms.
Secure gated parking with an allocated space and dedicated EV charging point.
Prime Montpellier location, moments from Cheltenham's fashionable Promenade.

About this property

A stylish two-bedroom, two-bathroom ground-floor apartment in montpellier. offered chain-free.

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

68 comparables · within 1.9 miles

Priced above 94% of the 2-bed flats for sale nearby right now.

This home, £650,000 Median £242,500 · £154,100 – £595,000

Per square foot

£788 137% over

2-bed flats nearby £333

Against sold prices

116% over

GL50 sold median £364 / sq ft, 774 sales

Compared with 68 2-bed flats for sale within 1.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in GL50 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in GL50 →

Location

Parabola Road, Cheltenham, GL50

Open map Street View

Mortgage and stamp duty

Property price £650,000

£325k £975k

Deposit10% £65,000

£0 £650k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £585,000 mortgage. Most lenders would want a household income of about £130,000 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
Apartment 8, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Nov 2025	1,410 sq ft £915/sq ft	1,410 sq ft	£915	£1,290,000
Apartment 2, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Jul 2025	807 sq ft £743/sq ft	807 sq ft	£743	£600,000
Apartment 11, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Jul 2025	1,453 sq ft £946/sq ft	1,453 sq ft	£946	£1,375,000
Apartment 9, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Mar 2025	893 sq ft £918/sq ft	893 sq ft	£918	£820,000
Flat 4, The Pines, Parabola Road Flat / maisonette	Flat / maisonette	Mar 2025	n/a	n/a	n/a	£245,000
Apartment 5, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Oct 2024	1,410 sq ft £904/sq ft	1,410 sq ft	£904	£1,275,000
Rosehill, Parabola Road Detached	Detached	Sept 2024	n/a	n/a	n/a	£1,325,000
Apartment 7, Exchange Court, Parabola Road Flat / maisonette · new build	Flat / maisonette · new build	Jun 2024	1,410 sq ft £904/sq ft	1,410 sq ft	£904	£1,275,000