Parabola Road, Cheltenham, Gloucestershire, GL50

Listed 17 Mar 2026 · price reduced 9 Oct 2026 · Cheltenham
A superb apartment building comprising of just 18 dwellings situated on one of the town's most prestigious roads within walking distance of excellent amenities including Cheltenham Ladies College Health & Fitness Club, Waitrose supermarket and Christ Church as well as the fashionable districts of Montpellier, Tivoli & the town's Promenade. The apartment is located on the first floor with lift access and offers turnkey living including two spacious bedrooms, two contemporary bath/shower rooms, a generous open plan sitting/dining room with a west facing balcony and a modern refitted kitchen with a range of integrated NEFF appliances. Furthermore the property benefits from two subterranean parking spaces and is offered with no onward chain.
Description - Standing on one of the town’s most prestigious residential roads, this impressive apartment building comprises of just eighteen quality residences built approximately 27 years ago by highly respected building company CALA Homes.
The apartment is situated on the first floor of this desirable development with a passenger lift providing access to all levels including the secure subterranean communal parking area where the property benefits from two tandem parking spaces and a useful lock-up store, ideal for bicycles, and a private west facing balcony offers the perfect setting for al fresco dining during the warmer months.
Extending to approximately 1,000 sq. ft. including a 23’ open plan sitting/dining room and two spacious bedrooms, the apartment is presented in excellent decorative order throughout. During the current owner’s tenure, the kitchen has been thoughtfully updated with contemporary wall and base units, complemented by wooden work surfaces and a range of integrated Neff appliances including a hob, extractor hood and double oven and both bath/shower rooms have also been stylishly refitted with contemporary sanitary ware. Further highlights include classic Karndean flooring in the sitting room and generous built-in storage. The well-designed layout flows beautifully, creating a bright and welcoming living environment ideal for both everyday living and entertaining.
The building is exceptionally well maintained, with attractive communal areas and landscaped grounds which have historically received recognition in the Cheltenham in Bloom awards. In addition to the residents’ parking, there are two allocated visitor spaces.
The apartment is offered with no onward chain, presenting an excellent opportunity for a smooth and swift transaction.
Situation - The development enjoys an enviable setting within easy reach of a wealth of local amenities, including CLC Health & Fitness Centre, the sought-after districts of Montpellier, Tivoli and the town's historic Promenade whilst the independent wine bars, breweries & cafes on Gloucester Road are also close by.
Transport links are favourable with Cheltenham Spa railway station operating regular mainline services to London and the M5 Motorway at Junction 11 are both within a fifteen minute drive whilst leisurely walks are available on the doorstep via the Honeybourne Line.
General Information - The property is all electric with HIVE digital heating & Fibre Broadband. Leasehold with a share of the Freehold. Length of lease 999 years from January 1999. Service Charge for 2026: £3624.00 p.a Reserve Fund: IRO £110,000. Managing Agents: Fitch, Taylor, Johnson . Winchester House operates a strict no pet policy.
Cheltenham Borough Council: Council tax band: F - £3244.98 (2025/26)
EPC Rating: Present: D - 64 Potential: D – 67
VIEWINGS Strictly by prior appointment through Charles Lear & Co.
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Median sold prices in GL50 over the last 12 months: flat £230k · terraced £325k · semi-detached £320k · detached £655k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 10 Lansdown Court, Malvern Road Cheltenham GL50 2JS | Flat Leasehold | 18 Sept 2026 | £170,000 |
| 3 May Court, Malvern Road Cheltenham GL50 2JW | Terraced Freehold | 28 Aug 2026 | £875,000 |
| 12 Lansdown Court, Malvern Road Cheltenham GL50 2JS | Flat Leasehold | 20 Mar 2026 | £159,500 |
| Juniper House, Malvern Road Cheltenham GL50 2JW | Detached Freehold | 4 Nov 2025 | £3,950,000 |
| Zed House, Malvern Road Cheltenham GL50 2JH | Detached Freehold | 20 Oct 2025 | £1,610,000 |
| Flat 2, The Uplands, Malvern Road Cheltenham GL50 2JH | Flat Leasehold | 7 Oct 2025 | £565,000 |
| 6 Victoria Mansions, Malvern Road Cheltenham GL50 2JH | Flat Leasehold | 27 Mar 2025 | £610,000 |
| Flat 1, Aban Court, Malvern Road Cheltenham GL50 2JJ | Flat Leasehold | 13 Dec 2024 | £194,000 |
| 6 Winchester House, Malvern Road Cheltenham GL50 2NN | Flat Leasehold | 26 Jul 2024 | £535,000 |
| 2 May Court, Malvern Road Cheltenham GL50 2JW | Terraced Freehold | 5 Jul 2024 | £546,250 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in GL50
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Charles Lear, Cheltenham on Rightmove (original listing). First listed 17 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 09/10/2026.
Disclaimer - Property reference 34537508. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Lear, Cheltenham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.


