Sold Flat

FLAT 8

115 THE PARK, CHELTENHAM, GLOUCESTERSHIRE GL50 2RW

1 beds 1 baths 62 m² Listed 5 Aug 2025 (-309d)

£240,000

Reduced on 27 Nov 2025

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# 1 bedroom apartment for sale (GL50 2RW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 8, 115 THE PARK, CHELTENHAM, GLOUCESTERSHIRE GL50 2RW |
| Price | £240,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £215,000 Jun 2017 |

## Description

The apartment offers unexpectedly spacious accommodation, enhanced by high ceilings, and measures approximately 682 sq ft. Upon entering, you are greeted by a wide hallway that provides access to all rooms.

The generous living/dining room, measuring approximately 21'5" x 14'6", benefits from the high ceilings and serves as a versatile, airy space ideal for both relaxation and entertaining. The bedroom is a well-proportioned double, featuring floor-to-ceiling fitted wardrobes that offer ample hanging and storage space.

The kitchen is well-appointed, while the modern bathroom includes a contemporary three-piece suite with a shower over the bath.

Additionally, a large airing cupboard houses the boiler and water tank, offering valuable extra storage.

Additional benefits include gas central heating, double glazing, an allocated parking space, and beautifully maintained communal gardens.

## Property Photos

- ![Communal Gardens](/listings/photos/165398177/441307) - Communal Gardens
- ![Living/Dining Room](/listings/photos/165398177/441311) - Living/Dining Room
- ![Bedroom](/listings/photos/165398177/441312) - Bedroom
- ![Living/Dining Room](/listings/photos/165398177/441313) - Living/Dining Room
- ![Communal Gardens](/listings/photos/165398177/441314) - Communal Gardens
- ![Kitchen](/listings/photos/165398177/441318) - Kitchen
- ![Bathroom](/listings/photos/165398177/441320) - Bathroom
- ![Front](/listings/photos/165398177/441322) - Front
- ![Living/Dining Room](/listings/photos/165398177/441324) - Living/Dining Room
- ![Bedroom](/listings/photos/165398177/441325) - Bedroom
- ![Living/Dining Room](/listings/photos/165398177/441326) - Living/Dining Room

## Floorplans

- ![Floorplan](/listings/photos/165398177/441327) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/165398177/441328) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 115 FLAT 8 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £215,000 | 23/06/2017 | Flat |
| 115 FLAT 8 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £176,000 | 16/08/2013 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 77F THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RP | £237,000 | 11/12/2025 | Flat |
| 2 THE GARDEN FLAT GRAFTON ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2ES | £200,000 | 19/03/2025 | Flat |
| TIVOLI PLACE, 24 FLAT 6 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF | £407,500 | 12/02/2025 | Flat |
| [Same street] OSBORNE LODGE, 99 FLAT 14 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £138,000 | 20/12/2023 | Flat |
| MELROSE, 6 FLAT 6 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG | £305,000 | 12/12/2023 | Flat |
| [Same street] 103A THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £1,195,000 | 31/10/2023 | Detached |
| PARK GATE FLAT 17 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE | £215,000 | 02/10/2023 | Flat |
| ASHFORD HOUSE, 2 FLAT 5 ASHFORD ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QZ | £342,000 | 13/09/2023 | Flat |
| [Same street] OSBORNE LODGE, 99 FLAT 19 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £106,000 | 30/08/2023 | Flat |
| THE PINES, 22 FLAT 4 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF | £200,000 | 20/06/2023 | Flat |
| 48 FLAT 4 ST STEPHENS ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL51 3AD | £235,000 | 19/05/2023 | Flat |
| LONGFORD COURT 3 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TE | £260,000 | 19/05/2023 | Flat |
| [Same street] OSBORNE LODGE, 99 FLAT 13 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £432,500 | 10/03/2023 | Other |
| [Same street] OSBORNE LODGE, 99 FLAT 2 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £98,000 | 28/10/2022 | Flat |
| LINDHOLME, 8 FLAT 6 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG | £256,000 | 28/10/2022 | Flat |
| PARK GATE FLAT 23 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE | £77,500 | 07/10/2022 | Flat |
| 22 FLAT 3 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF | £385,000 | 07/10/2022 | Flat |
| BENTON HOUSE FLAT E HAREFIELD GROVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SF | £308,000 | 07/10/2022 | Flat |
| PEMBRIDGE COURT FLAT 5 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG | £294,000 | 09/09/2022 | Flat |
| [Same street] 115 FLAT 13 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £325,000 | 18/08/2022 | Flat |
| PARK HOUSE, 39 FLAT 21 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RF | £250,000 | 05/08/2022 | Flat |
| 79 FLAT 1 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2GA | £445,000 | 28/07/2022 | Flat |
| PARK GATE FLAT 24 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE | £197,000 | 25/07/2022 | Flat |
| MERCIAN COURT, 46 FLAT 26 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RA | £125,000 | 15/07/2022 | Flat |
| 79 FLAT 8 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2GA | £675,000 | 28/06/2022 | Flat |
| ASHFORD HOUSE, 2 FLAT 2 ASHFORD ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QZ | £122,500 | 24/05/2022 | Flat |
| [Same street] 107 FLAT 2 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £618,000 | 08/02/2022 | Flat |
| [Same street] 115 FLAT 15 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £310,000 | 08/12/2021 | Flat |
| [Same street] 97 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £900,000 | 30/11/2021 | Detached |
| [Same street] 87 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW | £445,000 | 05/08/2021 | Terraced |

**Street average:** £456,750 (10 sales)
**Area average:** £276,825 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £303,362 (59 Flat, GL50, 2024–2026)
- **Deviation:** -20.9%

## Rental Range

*ONS Price Index of Private Rents (Cheltenham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,116/mo
- **Realistic:** £1,240/mo
- **Optimistic:** £1,364/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cheltenham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £623/mo

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £155,000
- **Target investor price (1%):** £124,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 36.2%
- **10y growth:** 66.2%

## House Price Index (HM Land Registry)

*Official index for Cheltenham; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.1%
- **5y growth (index):** 4.5%
- **10y growth (index):** 26.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Communal Gardens Living/Dining Room Bedroom Living/Dining Room Communal Gardens Kitchen Bathroom Front Living/Dining Room Bedroom Living/Dining Room

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Property details

Tenure

SHARE_OF_FREEHOLD (75 years remaining on lease)

Floor area

62 m²

Council tax band

Last sold

£215,000 Jun 2017

Local average

£303,362 (-20.9%)

Deprivation

Decile 10 (32,969 of 33,755)

Street crime

3 incidents within 1 mile (Apr 2026)

Key features

Prestigious Location
Upper Ground Floor
Living/Dining Room
Double Bedroom
Allocated Off Road Parking
Communal Gardens
Proximity to Local Amenities
No Onward Chain

Additional details

Electricity: Mains supply
Broadband: FTTP (fibre to the premises)
Water: Mains supply
Sewerage: Mains supply
Heating: Double glazing, Central, Gas central
Accessibility: Lift access, Ramped access
Parking: Allocated

Description

A generous one-bedroom apartment situated on the upper ground floor of this impressive Regency-style building. Tivoli Mansion is an elegant, purpose-built modern residential development constructed in 2004. It is located in The Park, a highly sought-after area of Cheltenham, within easy reach of Montpellier, Tivoli, and the popular Bath Road amenities.

The apartment offers unexpectedly spacious accommodation, enhanced by high ceilings, and measures approximately 682 sq ft. Upon entering, you are greeted by a wide hallway that provides access to all rooms.

The generous living/dining room, measuring approximately 21'5" x 14'6", benefits from the high ceilings and serves as a versatile, airy space ideal for both relaxation and entertaining. The bedroom is a well-proportioned double, featuring floor-to-ceiling fitted wardrobes that offer ample hanging and storage space.

The kitchen is well-appointed, while the modern bathroom includes a contemporary three-piece suite with a shower over the bath.

Additionally, a large airing cupboard houses the boiler and water tank, offering valuable extra storage.

Additional benefits include gas central heating, double glazing, an allocated parking space, and beautifully maintained communal gardens.

Listed by

Cheltenham

Leaders and Romans Group

Reference: 165398177

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

22% since 2013

Event	Date	Price	% change
Sold	23/06/2017 (8 years ago)	£215,000	+22.2%
Sold	16/08/2013 (12 years ago)	£176,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
77F THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RP	£237,000	11/12/2025	Flat
2 THE GARDEN FLAT GRAFTON ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2ES	£200,000	19/03/2025	Flat
TIVOLI PLACE, 24 FLAT 6 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF	£407,500	12/02/2025	Flat
Same street OSBORNE LODGE, 99 FLAT 14 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£138,000	20/12/2023	Flat
MELROSE, 6 FLAT 6 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG	£305,000	12/12/2023	Flat
Same street 103A THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£1,195,000	31/10/2023	Detached
PARK GATE FLAT 17 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE	£215,000	02/10/2023	Flat
ASHFORD HOUSE, 2 FLAT 5 ASHFORD ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QZ	£342,000	13/09/2023	Flat
Same street OSBORNE LODGE, 99 FLAT 19 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£106,000	30/08/2023	Flat
THE PINES, 22 FLAT 4 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF	£200,000	20/06/2023	Flat
48 FLAT 4 ST STEPHENS ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL51 3AD	£235,000	19/05/2023	Flat
LONGFORD COURT 3 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TE	£260,000	19/05/2023	Flat
Same street OSBORNE LODGE, 99 FLAT 13 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£432,500	10/03/2023	Other
Same street OSBORNE LODGE, 99 FLAT 2 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£98,000	28/10/2022	Flat
LINDHOLME, 8 FLAT 6 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG	£256,000	28/10/2022	Flat
PARK GATE FLAT 23 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE	£77,500	07/10/2022	Flat
22 FLAT 3 TIVOLI ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2TF	£385,000	07/10/2022	Flat
BENTON HOUSE FLAT E HAREFIELD GROVE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SF	£308,000	07/10/2022	Flat
PEMBRIDGE COURT FLAT 5 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2SG	£294,000	09/09/2022	Flat
Same street 115 FLAT 13 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£325,000	18/08/2022	Flat
PARK HOUSE, 39 FLAT 21 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RF	£250,000	05/08/2022	Flat
79 FLAT 1 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2GA	£445,000	28/07/2022	Flat
PARK GATE FLAT 24 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QE	£197,000	25/07/2022	Flat
MERCIAN COURT, 46 FLAT 26 PARK PLACE, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RA	£125,000	15/07/2022	Flat
79 FLAT 8 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2GA	£675,000	28/06/2022	Flat
ASHFORD HOUSE, 2 FLAT 2 ASHFORD ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL50 2QZ	£122,500	24/05/2022	Flat
Same street 107 FLAT 2 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£618,000	08/02/2022	Flat
Same street 115 FLAT 15 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£310,000	08/12/2021	Flat
Same street 97 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£900,000	30/11/2021	Detached
Same street 87 THE PARK, CHELTENHAM, GLOUCESTERSHIRE, GL50 2RW	£445,000	05/08/2021	Terraced

Street average: £456,750 (10 sales)

Area average: £276,825 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 36.2%

10y growth 66.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Cheltenham. Series: Flats and maisonettes. As of March 2026.

1y (index) -2.1%

5y (index) 4.5%

10y (index) 26.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: TIVOLI MANSIONS (CHELTENHAM) MANAGEMENT LIMITED (10489670)

Rental Range

Estimated market rent for Cheltenham. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,116/mo

Realistic £1,240/mo

Optimistic £1,364/mo

Based on Local Authority from postcode lookup → Cheltenham.

LHA (30th percentile) floor for Cheltenham: £623/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View GL50 2RW

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Park Campus	0.0 miles
University	Park Campus	0.1 miles
Shop	ATB Guitars	0.2 miles
Shop	Groves Batteries	0.3 miles
Train station	Cheltenham Spa	0.8 miles
Hospital	NHS Records Office	0.9 miles
Hospital	Estates Workshop	0.9 miles
University	Francis Close Hall	1.3 miles
Train station	Cheltenham Racecourse	2.6 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Anti-social behaviour	1
Total incidents	3

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
University of Gloucestershire	Other	0.1 miles	— (No rating)
St James' Church of England Primary School	Primary	0.3 miles	Good — 16 Nov 2023
Bettridge School	Other	0.4 miles	Good — 27 Feb 2017
Belmont School	Other	0.5 miles	Outstanding — 14 Jan 2015
Cheltenham Bournside School and Sixth Form Centre	Secondary	0.6 miles	Good — 27 Nov 2022

Rental Comparables

Rental listings exist nearby, but none matched the 1-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.52%

Max investor price (0.8%) £155,000

Target investor price (1%) £124,000

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).