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Landscaped gardens
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Stylish communal lounge
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Bistro
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Living room
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Kitchen
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Call us now or book a visit to find out more about these superb new retirement properties for sale in Olney, Buckinghamshire
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
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
- 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
- Friendly & supportive Estate Manager, Sara and team onsite 24/7 for your peace of mind
- Want to experience the lifestyle at Penny House? Book our try before you buy for a taste of just how good your next chapter could be!
- 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
What is Retirement Living PLUS?
Exclusive to the over 65s, you’ll enjoy your own private apartment with thoughtful assisted living services on the doorstep, including a subsidised restaurant and optional personal care packages.
Key Features
24 hour staffing
Balconies
Bistro
Estates Manager
Guest suite
Communal lounge
Landscaped gardens
Lifts to all floors
Near the countryside
Send me a brochure
Tell us how you would like to receive your brochure: by Email, Post or PDF download.
Send me a brochureInteractive Site Plan
Our interactive site plan allows you to easily find available retirement properties. Click the tabs to view each floor. You'll see that one-bedroom homes are a pale green and two-bedroom homes are in blue. When you click on a property, you'll find out whether it is available for sale, rent or shared ownership, as well as pricing. Click on 'view property' to find out more. Retirement homes shown in burgundy are already reserved, sold or rented out, but may be available on our resales website.
Great homes for sale
Penny House | Apartment 4
Retirement Living PLUS- Beds 2
- Floor G
- Size 75.02m2
- Purchase £419,999
Penny House | Apartment 8
Retirement Living PLUS- Beds 1
- Floor G
- Size 48.33m2
- Purchase £324,999
Penny House | Apartment 39
Retirement Living PLUS- Beds 2
- Floor 2
- Size 75.02m2
- Purchase £425,999
Penny House | Apartment 46
Retirement Living PLUS- Beds 1
- Floor 2
- Size 66.21m2
- Purchase £363,999
Explore properties
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2022
- 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 to guest suites and sundry income
- Development staff
- Future maintenance fund
- Restaurant
- Domestic assistance
What's not included?
- Electricity, heating and lighting (apartments)
- Home and contents insurance
- Council Tax
- Phone / broadband
- TV licence / TV service
* Reviewed annually
- You can enjoy the McCarthy Stone lifestyle without paying the full purchase price.
- Buying a percentage share of the property allows you to manage your finances to cater for possible future needs.
- If you buy 75% of the value of the property, there is no rent to pay on the outstanding share.
- If you buy 50% of the value of the property, you will pay rent on the outstanding share.
- You could claim up to £500 a year to help with essential repairs in the first 10 years.
With this scheme, you can purchase up to 75% of the value of your property – and if you own 75%, you won’t pay any rent on the outstanding 25% share. It provides a more affordable way to buy one of our retirement properties.
What is Shared Ownership and who are Homes England?
Is Shared Ownership available at all your locations?
Who will own the share of the property I don’t buy?
Do I need financial advice?
Will a financial review be needed?
What will it cost upfront?
You should plan for some one-off costs associated with your purchase, including, but not limited to the following:
• Reservation deposit (which is deducted from your final purchase)
• Solicitors Fees and disbursements
• Stamp Duty Land Tax (SDLT) in England.
Your solicitor will be able to tell you if the tax applies and how much it will be
• Estate Agent fees if selling a current property
Can I purchase a parking space?
What does the £500 essential repairs include?
Retirement Living PLUS at McCarthy Stone
Watch: Retirement Living PLUS at McCarthy Stone
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Moving house, we know, is one of the most stressful times. Doing so when you are a single, over 80 years old lady can add even more stress and anxiety.
However, what if this move is into a McCarthy and Stone Retirement Complex, which is being managed for you by someone who is always smiling and calm and is ready to go one step further to make the process bearable..........Step forward Charlotte, the Sales Consultant at Penny House in Olney.
Join us at one of our events
- Every Wednesday
15:00 - 17:00Welcome Wednesday
Every WednesdayNext event: 26th Mar1 Teedon Lane, Olney, Buckinghamshire, MK46 4FSEvery Wednesday from 3pm to 5pm, we open our doors for a delightful afternoon of tea and cake in our cosy homeowner’s lounge, where you can enjoy the company of our wonderful homeowners.
If you have the time, our friendly sales consultant, will also be on hand to take you on a tour of our community and show apartments, as well as answer any of your questions. - 1 Apr to 5 Apr
10:00 - 16:00Visit Our Open Event
1st Apr1 Teedon Lane, Olney, Buckinghamshire, MK46 4FSStep inside and experience the warmth of our welcoming community in Olney at our exclusive Open Event! Whether you’re already familiar with our beautiful properties or just beginning to explore a new way of living, we would love you to join us.
You can meet our friendly homeowners and take a tour of our thoughtfully designed homes. You’ll soon see why so many people say, “I wish I’d made the move sooner!”
Call 0800 201 4811 or click on the link below to book your place today.
Offers Too Good To Miss
Beat Stamp Duty rises
Reserve a property at this development between 1st March 2025 and 31st May 2025 and we’ll pay your stamp duty* - so you can spend your summer making the most of the landscaped gardens from a home designed around you.
Part Exchange for a fast and hassle-free sale
With Part Exchange, we can act as 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.
Try before you buy
If you’ve been thinking about what living in one of our developments is really like, now is the perfect time to give it a try. We are offering a complimentary two night stay in one of our fully furnished retirement apartments.
To arrange a stay call us on 0800 201 4811.
Living in Olney
Olney is a charming Georgian market town in Buckinghamshire that has a thriving local community. The high street is teeming with artisan food and drink providers, independent shops and unique suppliers. Plus, Olney holds weekly markets in its historical centre, as well as a monthly farmer's market. And, during the summer months, you can enjoy the stunning floral displays with which the town is decorated.
The town's star attraction is the world-renowned Cowper and Newton Museum. The museum beautifully documents and celebrates the lives of these two extraordinary men. William Cowper, a celebrated 18th century poet, and John Newton, a prominent abolitionist, lived in the town and together wrote one of the world's most popular hymns, Amazing Grace. Discover more about their fascinating lives in Olney and explore the delightful cottage gardens.
A wide variety of events are also held in Olney every year. On Shrove Tuesday, the town comes together for some fun in its historic Pancake Race, which dates back as far as 1445. Throughout summer, a range of fairs and shows are held, including the Cherry Fair in June (which harks back to Olney's cherry production days), a Motorama in July and the Big Olney Food Festival in September. As the nights draw in, you can look forward to Olney's spectacular firework display in November, and the town's Victorian Christmas Fair and craft show are heart-warming festive occasions for all the family.
- Conveniently situated close to these local amenities:
- Argos
- Bus Stop
- Doctors
- Sainsburys
Situated within this quiet market town, our development is close to many of its amenities, bars and shopping options. The Olney Co-Op is just under 1 mile away, as are top restaurants like the Swan Inn and Teapots. Further afield, 1.5 miles south of Olney, you’ll find Emberton Park Sailing Club.
For transport, the A509 also runs through the town and is the main roadway in and out of Olney.
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.
The Team at Penny House
I joined MCS early July 2023, and I am thrilled with the decision I made. I joined the new homes industry in 2008 and have worked with many developers, MCS are a quality builder and their retirement living is just amazing, It is a pleasure to represent MCS and provide retirement living solutions.
Related Developments
Useful Links
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- Cut the cost of living: Moving into our retirement properties can save you significant sums.
- Enjoy a stress free move: Our services include Part Exchange, free removals and decluttering.
- Should you buy, rent or part buy, part rent? Find a flexible option to suit your circumstances.
- Discover thoughtful services: From friendly managers to buzzing bistros and homeowner perks.
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.