Penny House

1 Teedon Lane, Olney, Buckinghamshire, MK46 4FS
  • Gallery (19)
  • Video (1)

Penny House gallery

  • a brick path with flowers and trees
  • Penny House Living room
  • a kitchen with white cabinets
  • a patio with umbrellas and flowers
  • Gardening at Jacob Place
  • a bedroom with a bed and lamps
  • a brick building with a green lawn
  • a man and a woman talking
  • Bluebell House
  • a living room with blue couches
  • a living room with a white brick wall and a white couch
  • a couple of men holding a plate of food
  • a room with chairs and tables
  • People golfing
  • a patio with a table and chairs
  • a brick building with a bench in front of it
  • a room with two beds
  • a street with buildings along it
  • a church with a steeple
Exterior view of the development1 of 19
Available nowRetirement Living Plus

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.

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.

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. You can even experience the lifestyle at Penny House first-hand, by enjoying a free overnight stay with us.

  • 24 hour staffing
  • Balconies
  • Bistro
  • Estates Manager
  • Guest suite
  • Communal lounge
  • Landscaped gardens
  • Lifts to all floors
  • Near the countryside
  • Wellness suite
Ready to move into

Penny House

Opening hours:

Tuesday to Saturday 10:30am–5pm

Purchase

  • 1 bed from £280,000
  • 2 beds from £390,000

Need more information?

0800 201 4811

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Interactive Site Plan

Explore properties

Penny House Living room

Penny House 1-bedroom apartments

66.51 sqm

  • Buy from £310,000
a kitchen with white cabinets

Penny House 2-bedroom apartments

73.53 sqm

  • Buy from £410,000

Useful documents

Living at Penny House

Occupancy Information

We're here to help every step of the way

a kitchen with white cabinets

You could save thousands of pounds with a move to McCarthy & Stone

From savings on household bills, to avoiding the cost of home adaptions and renovations, with care on hand so you live independently for longer.

Our special offers

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

Easy 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 Easy Move service ensures everything goes like clockwork, which includes helping with the cost*.

To find out more please call 0800 201 4811.

Lifestyle services

According to Age UK, every year £2.8 billion in Pension Credit and Housing Benefit goes unclaimed by older people, meaning over a million pensioner households are missing out*.

Our Entitlements Manager, Aleks Clayton can offer you free advice, help you fill in the forms and follow up on progress with an application, so if you're looking to purchase a McCarthy & Stone property contact Aleks today.

*Source: Age UK - Benefit take-up and older people, January 2024

a living room with a couch and a table

Apartment of the Month - Apartment 42

Fully furnished, generously sized and ready to move into, Apartment 42 at Penny House is a standout one-bedroom home and our Apartment of the Month. Set on the second floor, it offers an impressive amount of living space, with a spacious lounge, separate modern kitchen and large bedroom with a walk-in wardrobe.

With stylish furnishings already in place, you can simply bring your suitcase, settle in and start enjoying life at Penny House.

a bed with pillows

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.

Local area

See what life around Penny House has to offer. Select ‘Explore local area’ to discover nearby shops, cafés and green spaces, and get a feel for the area.

Similar developments nearby

Please note that images are for illustrative purposes only and may include upgrades and optional extras which you might be able to purchase at an additional cost. Find out more. 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.

Your occupancy options

You can buy properties on this development. If you'd like to own your retirement property, we can help make the move as stress-free as possible, including support with packing and removals. If you have a home to sell, we can even act as a cash buyer, so you'll avoid chains and estate agent fees.

Your service charge explained

Our service charge helps keep the shared areas of your development safe, welcoming and well looked after, while also covering additional services that make everyday life at our Retirement Living Plus developments easier and more enjoyable.

It covers the day-to-day services needed to keep the development running smoothly, as well as contributions to a fund for future maintenance. At Retirement Living Plus developments, it also includes one hour of domestic assistance each week. You can also enjoy subsidised seasonal food in our on-site restaurant. We work hard to manage these services efficiently and provide excellent value for homeowners.

Your sales consultant will explain the service charge for your chosen home, including the hour of domestic assistance provided each week, and answer any questions you may have.

Read our guide to service charges

How much is the service charge?

Buying?

Standard service charge model

Pay a regular weekly cost and a 1% contingency fee when you sell your property

  • £215.391 bedroom apartment
  • £278.902 bedroom apartment

What is included in the Penny House service charge

Everything taken care of

  • Maintenance of the building and gardens
  • Electricity, heating and lighting in communal areas
  • Water and sewage in communal areas

Support when you need it

  • Development staff
  • Emergency call system
  • Restaurant
  • Domestic assistance
  • Professional management of the development

Costs covered

  • Building insurance
  • A future maintenance fund to help plan for larger works and repairs

Guest suite savings

Where the development has a guest suite, the income it generates is paid back into the development and helps reduce the service charge for homeowners

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