Penny House
1 Teedon Lane, Olney, Buckinghamshire, MK46 4FS- Available now
Over 60s retirement property for sale and rent in Olney, Buckinghamshire
Call 0800 201 4811 now or sign up for updates to find out more about these superb new retirement homes in Olney, Buckinghamshire.
Key development information
Penny House
Opening hours: Tuesday to Saturday 10:30am–5pm
Purchase
- 1 bed from £289,999
- 2 beds from £399,999
Rent
- 1 bed from £3,385 pcm
- 2 beds from £4,600 pcm
Retirement Living PLUS benefits
- Domestic support – one hour of cleaning (or similar) per week is included and we have a range of additional cleaning and laundry services available.
- Low maintenance – with the bigger jobs, like gardening and window cleaning, taken care of there’s more time to enjoy the good things in life.
- Tailored lifestyle support – if you need a helping hand now, or in the future, we can support you with personal grooming, shopping, convalescence and more.
- Sociable – full independence in your own home, with your own front door, a welcoming community and lots of activities– so loneliness is never a problem.
Development highlights
- 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, hair stylists & manicurists visit weekly
Key features Key features for Penny House retirement properties
- 24 hour staffing
- Balconies
- Bistro
- Estates Manager
- Guest suite
- Communal lounge
- Landscaped gardens
- Lifts to all floors
- Near the countryside
- Wellness suite
Explore retirement properties at Penny House
Penny House interactive site plan
How much is the service charge?
Buying?
Read more about service charge options or call us on 0800 201 4811
Renting with McCarthy & Stone?
* Service charge cost per week, reviewed annually. Examples show prices available at this development.
Your service charge covers the services and amenities you enjoy at this development for a safe, comfortable, sociable and happy retirement. It includes things like wages for your on-site team, security systems and keeping communal spaces and gardens spick and span—and it’s all provided at cost price.
What is included in the service charge
- Electricity, heating and lighting (communal areas)
- Water and sewage (communal areas and apartments)
- Professional fees
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Income from Guest Suite and sundry income
- Development staff
- Future maintenance fund
- Restaurant
- Domestic assistance
We're here to help every step of the way
Key features of our retirement properties
Frequently asked questions
Find out more with our FAQs. Still got a question? Call our friendly team on 0800 201 4811 or get in touch online.
Exclusively for those over 70, Retirement Living PLUS developments provide an independent lifestyle with assisted living facilities and additional lifestyle and care services as and when you need them. There’s an on-site restaurant/bistro providing delicious meals every day in a sociable environment and a member of our management team is on-site 24 hours-a-day, 365 days a year to provide reassurance.
- An hour’s domestic assistance every week is included in the service charge. This is for light cleaning of your apartment. We also offer a range of additional services on a pay as you go basis such as laundry and bedding change, shopping and general errands including prescription collection, help with technology and paperwork and lots more. For those who may need it, we can provide personal care and support packages, these are individually tailored to suit your needs, and can cover any aspect of personal care. We are also here if you’d like and extra companionship or to escort you to your favourite activities. We are registered with the Care Quality Commission and our rates are highly competitive and our staff team fully trained and supervised.
- Care and support services are delivered by our staff who are employed on-site.
- You only pay for additional care and support when you need it. We understand things change in life so you can dial up or down the support you receive from us at any time, putting you in control.
We can arrange a private and confidential Wellbeing Assessment to put a personalised support plan in place, which means you have all the care and support you need from the moment you move in. Talk to us on 0800 201 4811 or get in touch online to find out more about our flexible care and support packages.
Our Retirement Living PLUS assisted living properties include ‘hidden care’ designed so people can age in place in style and comfort. This includes telecare technology so if you choose, we can remotely monitor your wellbeing without being intrusive to your privacy.
Our apartments are designed with waist-height ovens and plug sockets, slip-resistant flooring, hearing loops for the TV and lever taps in the bathrooms, as standard. Our retirement properties are also designed to be usable by people with mobility aids/walkers as well as being easily adapted to be wheelchair users. It’s also just as important that the homes look beautiful and feel homely. We design homes people feel proud and happy to live in where any adaptations are as discreet as possible.
To make life easy:
- There are lifts to all floors
- Apartments are fitted with personal emergency alarms, as well as integrated fire alarms and camera entry systems.
- As well as having a contemporary kitchen in their own apartment, customers can eat at the bistro-style restaurant on-site.
- There are sociable shared areas, including a homeowners’ lounge, function room and maintained gardens.
- Our sites offer a calendar of events, clubs and activities to suit all interests.
- Having guests and relatives stay over is easy as they are welcome to stay overnight in our guest suites.
- One hour of domestic assistance per week is included in the service charge.
- Have the security of knowing additional care and support is available from our in-house staff teams, if any, when you want it.
- There are staff on-site 24/7 day and night, so always someone here should you need help.
Service charges cover the day-to-day costs of management and maintenance within our retirement developments, such as the heating and cleaning of communal areas, buildings insurance and redecoration. They are tightly regulated by national legislation and must relate to the management services provided within the development, not to construction or repair costs. Our service charges are ‘pass through’ costs which we do not mark up in any way. They are the costs of running your development.
Our service charge varies from development to development reflecting their different sizes and facilities, but they are calculated in the same way across the country.
Costs in Retirement Living PLUS developments are higher than in Retirement Living developments to reflect the increased staffing costs, the provision of care and lifestyle support packages, and the table-service restaurants/bistros provided on-site.
Call 0800 201 4811 or contact us online to find out more about our service charges.
Meet the team at Penny House
Charlotte
I became a part of McCarthy and Stone in early July 2023, and I am delighted with the choice I made. I began my career in the new homes sector in 2008 and have worked alongside many developers. McCarthy and Stone are a reputable builder, and their retirement living options are genuinely outstanding, providing a fulfilling and joyful retirement experience. It is a privilege to represent McCarthy and Stone and to provide solutions for retirement living.
Penny House
1 Teedon Lane, Olney, Buckinghamshire, MK46 4FS
Your local amenities at Penny House
Getting to Location
If you are using a Sat Nav system you may need the full address of this development. The postcode may be newly created by Royal Mail and may not be accurate for some months.
Retirement living in Olney
According to The Times, Olney, Buckinghamshire, is one of the best places to live in the UK - and it’s easy to see why it’s so popular.
As well as historic architecture, Olney has a flourishing retail scene and a gorgeous country setting. It boasts great transport links, cultural attractions, access to amenities including shops, eateries and healthcare and a safe environment. This market town’s fascinating history includes:
- It is the source of the hymn Amazing Grace.
- It holds an annual pancake race, a dating back more than 500 years.
- It has Roman origins and is mentioned in the Domesday Book of 1086.
- The town has played a key role in the agricultural, lace-making, and brewing industries over the centuries.
Community news
From homeowner stories to events and fundraising, read the latest news from in and around Penny House.
What's on at Penny House
Meet our happy homeowners
Join us for our upcoming events
Whether you’re just starting to explore your next move or have already fallen in love with one of our stunning homes, this is the perfect opportunity to see what life could be like.
Chat with our welcoming homeowners, explore our beautifully designed properties, and see for yourself why so many say, “I only wish I’d moved sooner.”
Summer Garden Party
Join us and enjoy live music and light refreshments at our Summer Garden Party and experience firsthand the community spirit that makes Penny House so special.
Find the latest promotions and seasonal special offers here
Summer Moving Offer: Service charge covered for a year
Enjoy a rewarding start in your new Retirement Living Plus home with your service charge covered for one year, plus a £500 Bistro Credit*. It's our way of helping you settle in and make the most of your new lifestyle.
Part Exchange for a fast and hassle-free sale
With Part Exchange, you'll have a cash buyer for your home. There’s no estate agent fees and no chains. Just a guaranteed sale at a great price - so you could be enjoying the McCarthy & Stone lifestyle sooner.
To find out more please call 0800 201 4811.
Smooth Move
Nobody expects moving home to be easy, but we’re here to help you every step of the way; from the moment you make a reservation, through to the day you move in. Our Smooth Move service ensures everything goes like clockwork, which includes helping with the cost*.
To find our more please call 0800 201 4811.
Apartment of the Month - Apartment 44
Apartment 44 is our apartment of the month.This fantastic apartment is sold as seen – fully furnished and ready to move in.
Call today to book your appointment and avoid disappointment.
Enjoy a free overnight stay
If you’ve been wondering what life is really like at a McCarthy & Stone development, why not give it a try?
Try Before You Buy and experience the lifestyle with a free overnight stay. It’s great if you want to experience first-hand what life in a McCarthy & Stone retirement development really feels like.
You’ll have full use of the apartment and communal facilities and we’ll provide a delicious continental-style breakfast. You'll also have plenty of opportunities to meet our lovely homeowners and friendly team including the House Manager.
Call 0800 201 4811 to speak to our team about your stay.
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Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.