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, Property 10 is located on the ground floor, is low-maintenance and contains extra safety features. See the exclusive benefits and highlights this property has to offer in the development information.
A modern living space
We provide a range of quality appliances, including waist height oven, ceramic hob and integral fridge/freezer. Everything is laid out to make cooking and cleaning as effortless as possible.
Luxury and comfort are at the core of our bedrooms. We provide generous storage with either a walk-in wardrobe or fitted wardrobe to the main bedroom.
Our spacious living rooms are both light and neutral décor, making it is easy to add your own personal touches to your living area.
This is a leasehold property with a term of 999 years from and including 01/01/2022
New build - Council tax band to be determined
- Electricity, heating and lighting (communal areas)
- Water and sewage (communal areas and apartments)
- Maintenance of building and gardens
- Building insurance
- Development staff
- Future maintenance fund
- Professional fees
- Emergency call system
- Income to Guest Suite and sundry income (apartments)
What's not included?
- Electricity, heating and lighting (apartments)
- Home and contents insurance
- Council Tax
- Phone / broadband
- TV licence / TV service
- Ground rent (apartments)
* Reviewed annually
** Reviewed every 15 years from the ‘lease start date’. Ground rent reviews stop on the 125th anniversary of the lease start date
Is it more expensive to live in one of your apartments than my current home?
Many of our homeowners are pleased to find that the service charges for their apartment tend to work out at less than what they were paying in like-for-like costs at their previous property.
Energy bills often turn out to be lower thanks to the modern construction methods we use at all our developments. Your new apartment is also likely to be a more manageable size and so cheaper to run.
When Customers discuss the purchase of a McCarthy Stone apartment with us, they receive a service charge leaflet and our Sales Executive sits down with them to help them fill in the costs, review what is covered in the management services and compare them to day-to-day running costs in their current home. Our Sales Executive ensures that they have a detailed knowledge of ongoing costs before a sale is completed
How long from putting down a deposit do I have to purchase the apartment?
Usually this can take between 12 to 16 weeks. We understand that some customers may have a time period that will more suitable for them and we aim to be as flexible as we can.
We are determined to provide positive resale values and to this end, we have changed dramatically since 2010 to make a big difference to our products and services. We have a dedicated resales team to deal with all future resales and to achieve the best prices, we also maintain an extensive database of prospects who are looking to buy our properties in the desirable areas we have located ourselves in over the past four decades.