![Communal Gardens](https://media.onthemarket.com/properties/14001512/1503031987/image-0-1024x1024.jpg)
![Bedroom](https://media.onthemarket.com/properties/14001512/1503031987/image-1-1024x1024.jpg)
![Sitting Room](https://media.onthemarket.com/properties/14001512/1503031987/image-2-1024x1024.jpg)
1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (996 years remaining)
- Retirement Living PLUS development in Olney
- Communal areas where you can meet fellow residents for long lunches or coffee and cake
- Sainsbury's supermarket a short stroll away
- On site chef run bistro with changing seasonal menus
- Staff on call 24/7 and a dedicated Estate Manager
- Tailored domestic support and personal care available
- Laundry service collection and return available
- Incentives available call Michael Graham for details
Assisted living facilities and services include a sociable restaurant, an hour's cleaning every week, or more if you want it. Plus the option of tailored personal care. Our support services are totally flexible, so you can have as much help as you want with daily life and only pay for what you use.
While the communal areas are designed to become social hubs, your retirement home is owned by you, and it totally self-contained, giving you a blend of privacy, community, and support.
Rooms
Overview
Penny House offers a choice of 48 one and two bedroom apartments. All feature a range of integrated appliances throughout, and principal bedrooms with fitted or walk-in wardrobes to most apartments. Many will have Juliette or walk out balconies with views across the landscaped gardens.
Services
You will benefit from a CQC regulated manager who runs the development the development, fixes issues and is on hand to help. There will always be a manager on site 24/7 in case of emergencies. On-site support is provided by a friendly team.
Services include:
* Domestic assistance - one hour per week of domestic help include in the service charge. The team can help with cleaning, changing beds, grocery shopping and posting letters.
* Personal support - you can choose the support you need when you need it. We can help with things like getting up in the morning, preparing breakfast, medical appointments, and convalescence.
* Laundry service - the team can collect your laundry and return it washed and ironed.
Part Buy, Part Rent
The property is offered under the McCarthy & Stone part buy, part rent scheme.
The asking price quoted is for a a 50% share in the property. In addition to the purchase price, rent will be charged at £339 per calendar month for the remaining 50%.
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013 and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
Utilities
The developer has informed us that all apartments have digitally controlled electric radiators and is on mains electricity and drainage.
Situation
Olney was recently featured in the Sunday Times “best places to live 2022”and has shops, pubs and restaurants, a weekly market and a monthly farmers’ market. There are clubs for football, rugby, tennis, cricket and bowls and it is less than a mile from Emberton Country Park.
Agents notes
The photos shown are of the furnished show apartment and should only be used as a general guide to specification and finish.
Places of interest
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*DISCLAIMER
Property reference OHO210088. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Graham - Olney.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on October 18, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on October 18, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 10, 2022 from 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.
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