Summary - 5 FLAT 3 ROYAL PARADE CHELTENHAM GL50 3AY
3 bed 2 bath Flat
Spacious Georgian duplex with high ceilings, private parking and garden access..
Duplex period apartment with 12ft high ceilings and original cornicing
Approximately 1,371 sq ft across two floors, spacious rooms throughout
Three bedrooms, two bathrooms; ground-floor bedroom includes en suite
Two large reception rooms plus private balcony and communal garden access
Two allocated off-street parking spaces exclusive to the apartment
Share of freehold; sold chain free for easier purchase process
Lease approx 86–88 years remaining — lease extension likely advisable
Service charge c. £2,088/year (£174 pcm); building self-managed
Set within a handsome ashlar-fronted terrace in Montpelier, this duplex apartment offers generous, character-rich living across approximately 1,371 sq ft. The flat retains striking period features — 12ft high ceilings, original cornicing and large sash windows — and combines them with practical benefits such as two bathrooms, a fitted kitchen and private outdoor space.
Arranged over two floors, the layout includes two substantial reception rooms, three bedrooms (one with en suite) and a private balcony. The apartment comes with two allocated off-street parking spaces and access to communal gardens, a rare find in this part of Cheltenham. It is sold share of freehold and chain free, making the purchase straightforward for buyers wanting a swift move.
Buyers should note a limited lease term (approximately 86–88 years remaining) and an annual service charge of about £2,088 (c. £174 pcm). The building is self-managed and constructed before 1900 with original sandstone or limestone walls likely lacking modern insulation; some updating or insulation work may be required to improve energy efficiency. The property sits in an area with excellent broadband and mobile coverage but higher local crime statistics than average.
This home will suit buyers prioritising character, space and central convenience — families or professionals who value period detail and easy access to Cheltenham’s amenities and top independent schools. Investors may also find potential in strong rental demand for large, well-located period apartments, though lease length will be a key consideration.
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