From £289,999 to £440,999

McCarthy Stone - Penny House

1 Teedon Lane, Olney, MK46 4FS

About this development

Penny House

Over 65s retirement property for sale and Shared Ownership 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.

Retirement Living with a big PLUS

Our properties for sale, rent and Shared Ownership in Olney, Buckinghamshire offer you the complete privacy of your own spacious apartment, but with a friendly community outside your front door – and assisted living services to support you too.

Independence combined with support

  • There’s a friendly manager on-site 24/7
  • An hour’s domestic support each week is included – but you can have more if you want it.
  • Tailored personal care should you need it.

Apartments designed with you in mind

All these retirement homes are cleverly designed with smart yet stylish features, like easy turn taps, to make life easier now and in the future. Low maintenance, warm and elegant, with the latest security and safety features built in, most of our homeowners enjoy cheaper bills. Parking is available and well-behaved pets are welcome!



Local Area

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.

The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2022

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.
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.

McCarthy Stone - Penny House

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