Summary - PALESTRA LODGE FLAT 7 THE WATERLOO CIRENCESTER GL7 2PZ
2 bed 1 bath Apartment
Bright, low‑maintenance home moments from the market and abbey grounds.
Chain free, first-floor over‑55s apartment
Lift access and secure entry system
Designated off-street parking and shared storage
Compact modern shaker kitchen with breakfast bar space
Electric storage heaters; EPC D (59)
95-year lease remaining; leasehold tenure
Annual service charge £2,674 (monthly £222.85)
Medium flood risk; local crime level very high
This first-floor, over‑55s apartment sits quietly behind Cirencester’s market place and neighbouring the Abbey Grounds, offering easy access to the town’s shops, cafes and services. The bright living room with a feature box window provides a comfortable space for relaxing or dining, while a compact modern shaker kitchen and built-in wardrobes make daily living straightforward.
Practical conveniences include lift access, a secure entry system, designated off‑street parking, communal storage and a shared drying area. The apartment is offered chain free and benefits from a sensible layout with two rooms used as a principal bedroom and a second single bedroom/study.
Be clear about the measurable downsides: the property is warmed by electric storage heaters and has an EPC rating of D (59). The lease has 95 years remaining and the annual service charge is around £2,674 (monthly £222.85). The location is central but local crime statistics are high and there is a medium flood risk in the area.
This is a practical, low‑maintenance retirement option for someone prioritising town-centre convenience and communal facilities over large living space. At 535 sq ft it’s best suited to a single person or couple who want proximity to Cirencester amenities and easy, step‑free access via lift.
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