Penny House

Communal Lounge at Penny House Retirement Development in Olney, Milton Keynes
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England / South East England / Buckinghamshire / Milton Keynes / Olney

Retirement Home Location

Lavendon Road, Olney MK46 2HH

Local Amenities

Non specific map
Bus Stop0.5 miles
Local Pub0.8 miles
GP Surgery0.6 miles
Train Station12.5 miles
Nearby Shops0.7 miles
Hospital11.4 miles

Overview

Nestled in the sweeping Buckinghamshire countryside, Penny House is a retirement living PLUS development located in Olney. With a range of one and two-bedroom apartments on offer, other facilities include a stylish homeowners’ lounge and well-maintained gardens, plus an on-site bistro, salon and car park. Residents gain access to one hour of domestic assistance per week and a friendly estate manager, as well as tailored care packages should they need it. Penny House benefits from its proximity to local amenities and the Olney town centre is a short walk away. There is also a bus stop right outside the development.

Lottie care
Penny House

by McCarthy Stone

BrandMcCarthy Stone
Living TypeCommunity
Purchase TypeFor sale
Purpose BuiltYes
Service ChargeYes
Deferred Management feeNo

Availability & Pricing

Buy

1 bedroom property - Available

Buy

2 bedroom property - Available

Care & Support Available *

Lottie care
Companionship

A wide range of social activities and wellbeing services are offered, where residents can meet like-minded people, create new friendships and offer companionship.

Not Available

24/7 On Site Support
Domestic Help
Personal Care
* At an additional cost.

Featured Homes

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One Bedroom Apartment
1
1
48㎡
1 / 6
Two Bedroom Apartment
2
1
74㎡
1/2

Retirement Home Facilities

Lottie care
Wi-Fi

Recent years has seen the rise of the silver surfer. 89% of retirement seekers expect high-speed WiFi in their retirement home.

Garden Area

Retirees consider a scheme’s garden as the most important retirement scheme facility with 84% voting it as a must have!

Cinema

29% of retirement seekers told us that a cinema room was a key consideration to their selection process.

Wi-Fi

Recent years has seen the rise of the silver surfer. 89% of retirement seekers expect high-speed WiFi in their retirement home.

Garden Area

Retirees consider a scheme’s garden as the most important retirement scheme facility with 84% voting it as a must have!

Available

24/7 Call System
Balconies
Bar
Cafe/restaurant
Car Parking Available
Communal Lounge
Concierge / Home Manager
Courtyard or Landscape Gardens
Guest Parking
Pets Allowed *
Salon
Wheelchair Access
Wifi (in communal areas)

Not Available

Car Club or Transport
Cinema
Gym or Fitness Suite
Library
Room Service
Spa
* Certain pets allowed and health & safety assessment required.

Frequently Asked Questions

Below are some of the most commonly asked questions about Penny House.

Where is Penny House located?

It is situated in Olney and is close to popular amenities.

What tenure options are available at Penny House?

  • To Buy - prices start from £295,000

Is Penny House a member of ARCO (Associated Retirement Community Operators)?

ARCO also known as the Associated Retirement Community Operators aim to improve the standard of retirement living across the UK. They ensure every retirement home offers the highest standard of housing and support to all residents. Penny House are not currently a member of ARCO. However, rest-assured, our experts have hand-picked all retirement properties to ensure they provide the best level of support for residents.

Are there any retirement home fees at Penny House?

Before deciding to invest in a retirement property, you'll need to know all the retirement home fees involved. These costs ensure that your retirement home is well-maintained with 24/7 support available for residents. When you move into Penny House, you will be required to pay the following fees:

  • Service Charge - a monthly payment which covers the cost of the maintenance of your retirement property.

Are luxury facilities available at Penny House?

Yes! There are several facilities for you to try, including; a Bar, a Communal Lounge and a Concierge, which will help you unwind in your new surroundings.

Understanding Retirement Home Costs

The average cost of purchasing or renting a retirement home varies across the UK. On top of your rental charge or overall purchase price some retirement homes have additional costs such as service charges and ground rent.

Additional retirement home charges to be aware of:

Management Fee or Service Charge

This is often a monthly payment which covers the cost of communal spaces and facilities across a retirement property. For more details on additional charges at Penny House you can contact the team directly or request a brochure.

Ground Rent

Most retirement properties have a cost associated with the land your property is built on. There is often a one-off annual fee known as ‘ground rent’ - which usually costs £450 each year.

01544 300724