No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Retirement
£295,000
Added > 14 days

1 bedroom retirement property for sale

Apartment 25 at Penny House 1 Teedon Lane, Olney MK46
New build
Retirement
Save
Retirement property
1 bed
0 bath

Key information

Tenure: Leasehold | unconfirmed share | unconfirmed yrs left
Council tax, if payable: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold
  • Buy outright or shared ownership purchasing options available allowing you to purchase an apartment for a 50% or 75% share
  • Beautifully landscaped gardens adorned with stunning flowers, complemented by a potting shed allowing you to nurture your passion for gardening
  • Enjoy evening cocktails, everyday socialising or lazy afternoons with friends in our stylish communal lounge
  • Chic Wellness Suite for onsite pampering
  • Hotel style Guest Suite for loved ones to stay, making hosting a breeze
  • Onsite chef run bistro with ever changing, delicious seasonal menus served daily
  • Estate Manager, Sara onsite 24/7 for your peace of mind
  • Gorgeous low maintenance and energy efficient retirement properties to buy
  • Tailored domestic support and personal care available should you need it
  • Full calendar of activities every day of the week, including Friday nights at the Penny Arms, chair yoga and fizz Fridays

This spectacular 1 bedroom apartment in Olney, Buckinghamshire is part of the Penny House development from the award-winning McCarthy Stone. A private retirement apartment, Apartment 25 is located on the first floor, is low-maintenance and contains extra safety features. See the exclusive benefits and highlights this property has to offer in the development information.

With Shared Ownership you can now buy part of your elegant new home and pay rent on the rest. So you can move in and enjoy the benefits of the McCarthy Stone lifestyle without committing to outright purchase. This also means you can manage your finances to help with future needs.

It's not charity, it's not a handout, it's just what you deserve to help you make the most of your retirement. After a lifetime of looking after others, it's your time now.

McCarthy Stone Shared Ownership is run in conjunction with Homes England and we work closely with them to provide this opportunity. With this scheme you can pay up to 75% of the full property value, and if you own 75% there's no rent to pay on the rest.

Of course, there are qualification criteria, and our sales team can help you through your application every step of the way.

[use Contact Agent Button]

today to find out more, or visit

mccarthystone.co.uk/shared-ownership

Apartment 25 features: 

  • West Facing balcony
  • Views to always keep you engaged
  • Spacious bathroom incorporating level access shower
  • Generous storage

Council tax band: C

This is a leasehold property with a term of 999 years from and including 01/01/2022

Weekly service charge = £180.35 (reviewed annually)

Places of interest

    Request details
    Why Penny House, Olney? This Retirement Living PLUS development in Olney is situated within wide open stretches of countryside, with Olney town centre just 0.6 miles away. You'll have the best of both worlds, with the River Great Ouse nearby offering an ideal location for beautiful walks, while the town offers a unique mix of independent boutiques and businesses. Rolling Countryside You'll be able to enjoy the beautiful countryside views from your very own retirement property in Olney. Whether you purchase a one or two-bed apartment, the local countryside will surround you from all aspects. Many of the apartments have walk-out balconies and our ground floor apartments offer private relaxing patio space, from which you can enjoy the stunning scenery. Everything you could ask for! As well as owning your own property and benefiting from a stylish homeowners' lounge and a beautifully landscaped and well-maintained garden, you'll receive the extra care and support you need. Our care packages are completely flexible and will be tailored to your individual needs. A team of trained staff will be on hand 24 hours a day, led and overseen by a dedicated Estates Manager. And, with a 24-hour emergency call system and a camera entry system, we've got your safety and security covered. Plus, with a bistro on site, and even a salon, you won't need to leave the development estate if you don't feel like it. Conveniently situated close to local amenities The local area offers everything you could need and more. As well as a large supermarket on the doorstep, in which you'll also find an Argos, the town centre is reachable within a 15-minute stroll. There's also a bus stop directly outside the development. And, from Milton Keynes Central, you can reach London by train in just 40 minutes.  Shared Ownership, what is it and how does it work?  McCarthy Stone Shared Ownership is run in conjunction with Homes England and we work closely with them to provide this opportunity. With this scheme you can pay up to 75% of the full property value, and if you own 75% there's no rent to pay on the rest. It's not charity, it's not a handout, it's just what you deserve to help you make the most of your retirement. After a lifetime of looking after others, it's your time now. "It's an excellent option, we honestly didn't think we would ever be able to live here" Mr & Mrs Craven - McCarthy Stone Homeowners The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2022

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    *DISCLAIMER

    Property reference McCarthy Stone_Penny House_a1s0O000002gvHpQAI_Apartment 25. 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 McCarthy Stone - Penny House.

    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:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.