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McCarthy Stone | New Builds in Penny House 🏡 | WhatHouse

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Latest News from McCarthy Stone

McCarthy Stone has hosted a celebrity event to celebrated the opening of its Penny House over-70s development...
There's now an off-site Sales Suite for Romeo Place, a collection of one- and two-bedroom apartments for over-60s...

Property prices from £224,999

Why Penny House, Olney?

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.

Rolling Countryside

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.

Everything you could ask for!

As well as owning your own property and benefiting from a stylish homeowners` lounge and a beautifully landscaped and well-maintained garden, you`ll receive the extra care and support you need. Our care packages are completely flexible and will be tailored to your individual needs. A team of trained staff will be on hand 24 hours a day, led and overseen by a dedicated Estates Manager. And, with a 24-hour emergency call system and a camera entry system, we`ve got your safety and security covered. Plus, with a bistro on site, and even a salon, you won`t need to leave the development estate if you don`t feel like it.

Conveniently situated close to local amenities

The local area offers everything you could need and more. As well as a large supermarket on the doorstep, in which you`ll also find an Argos, the town centre is reachable within a 15-minute stroll. There`s also a bus stop directly outside the development. And, from Milton Keynes Central, you can reach London by train in just 40 minutes.

Shared Ownership, what is it and how does it work?

McCarthy Stone Shared Ownership is run in conjunction with Homes England and we work closely with them to provide this opportunity. With this scheme you can pay up to 75% of the full property value, and if you own 75% there`s no rent to pay on the rest.

It`s not charity, it`s not a handout, it`s just what you deserve to help you make the most of your retirement. After a lifetime of looking after others, it`s your time now.

"It`s an excellent option, we honestly didn`t think we would ever be able to live here"

Mr & Mrs Craven - McCarthy Stone Homeowners

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

Quick mortgage affordability calculator

Tembo is an award-winning mortgage broker
Voted the UK’s Best Mortgage Broker by its customers in 2022 and 2023, Tembo is helping buyers discover their true mortgage affordability.

Tembo boosts its average customer’s maximum budget by £82,000. They do this by not only checking your affordability for over 100 lenders and standard products, but also for a range of budget-boosting specialist schemes.

Schemes include:
Ways for family to support using income, property or savings 
Private part buy part rent & government shared ownership 
Professional mortgages and 5.5x borrowing schemes
Sharia compliant home purchase plans
& so much more

Discover what your budget could be using our simple calculator, and afterwards access personalised interest rates through their full fact-find.

Your home may be repossessed if you do not keep up payments on your mortgage.

Development Location

McCarthy Stone Whathouse? Awards *

  • 2023 - BEST RETIREMENT HOME DEVELOPER - Silver award
  • 2022 - BEST RETIREMENT DEVELOPMENT - Silver award
  • 2021 - BEST RETIREMENT DEVELOPMENT - Silver award
  • 2018 - BEST RETIREMENT DEVELOPMENT - Bronze award
  • 2017 - BEST RETIREMENT DEVELOPMENT - Bronze award
  • 2016 - BEST RETIREMENT DEVELOPMENT - Bronze award
McCarthy Stone winning development
* Awards do not always relate to specific developments.

Development Information

Price Details:
£224,999 - £425,999
Location:
Olney, Buckinghamshire MK46
Property Details:
1 - 2 bedroom properties
Brochure:

Contact McCarthy Stone

Want to know more about Penny House from McCarthy Stone
McCarthy Stone will use this information to contact you.
ThankYou
Individual savings and affordability may vary.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE.

If you choose to use Tembo for mortgage advice, we may earn a commission from them for the introduction. This does not negatively impact the amount you'll pay for their service.

Tembo Money Limited (12631312) is a company registered in England and Wales with its registered office at 18 Crucifix Lane, London, SE1 3JW. Tembo is authorised and regulated by the Financial Conduct Authority under the registration number 952652.
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