Teedon Lane, Olney

Penny House is a purpose-built Retirement Living PLUS development by McCarthy Stone in the charming market town of Olney, offering a welcoming community for those over 65. Set in peaceful countryside yet just a short walk from the town centre, it has been thoughtfully designed with seniors in mind. Communal facilities include a stylish homeowners’ lounge, laundry, beautifully landscaped gardens, an on-site bistro restaurant serving seasonal meals, and wellness amenities such as a salon. Residents benefit from an Estate Manager and team on site 24/7, flexible care and support packages, and modern safety features like a 24-hour emergency call system and secure entry. With its sociable atmosphere, organised activities, and proximity to local shops, cafés and riverside walks, Penny House combines independent living with a supportive community environment.

Your service charge helps cover the running and upkeep costs that make the development a secure, well-maintained, and enjoyable place to live. These contributions support everything from on-site staffing to the care of shared spaces, ensuring residents benefit from a comfortable and social environment.

What the service charge goes toward:

Insurance for the building

Staffing and support provided by the on-site team

Upkeep of gardens and communal areas

Lighting, heating, and electricity in shared spaces

Water and wastewater services for both apartments and communal zones

Professional and administrative services

Regular domestic help (one hour weekly)

Emergency response and call-system provision

Contributions to long-term maintenance and future repair funds

Subsidised meals offered in the Bistro Restaurant

Olney, Buckinghamshire is a picturesque and historic market town known for its elegant Georgian architecture, vibrant High Street, and strong sense of community. Set along the River Great Ouse, the town offers beautiful riverside walks, charming independent shops, artisan cafés, and traditional pubs that give it a warm and welcoming feel. Olney is rich in cultural heritage, famously linked to the hymn writers John Newton and William Cowper, and hosts popular annual events such as the Pancake Race that draw visitors from near and far. With reputable local schools, friendly neighbourhoods, and convenient access to Milton Keynes, Bedford, and surrounding countryside, Olney blends rural tranquillity with lively local character.

The apartment is beautifully presented and equipped with contemporary features designed for added comfort, including an air-filtration system, double-glazed windows, and efficient electric panel heaters. The layout includes an entrance hallway, an open-plan kitchen and living area, a bedroom, and a shower room.