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2 bed flat for sale Teedon Lane, Olney, MK46

Asking price

£340,000

Added on 09/10/2026

Retirement home

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £428 per sq ft
Tenure: Ask agent

Key features

Modern first floor retirement apartment
Two double bedrooms, one with walk-in wardrobe
Open plan kitchen/dining/sitting room
Wet/shower room and cloakroom
Sainsbury's supermarket a short stroll away
On-site chef run bistro with changing seasonal menus
Staff on call 24/7 and a dedicated Estate Manager
Tailored domestic support and personal care available

About this property

A modern first floor two double bedroom retirement apartment for the over 65s, with lift access, a designated parking space, communal gardens, and a balcony with countryside views, situated in the market town of Olney.

The self-contained accommodation includes an entrance hall with two built-in storage cupboards, a cloakroom, and an open plan kitchen/dining/sitting room with a door to the balcony seating area which has views over the communal gardens and fields beyond. There are also two double bedrooms, one with a walk-in wardrobe, and a modern fitted wet/shower room with an electric towel rail.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,658
Band B

£1,934
Band C

£2,210
Band D

£2,487
Band E

£3,039
Band F

£3,592
Band G

£4,144
Band H

£4,973

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In West Northamptonshire, 2026/27 bills run from £1,658 a year in band A to £4,973 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across West Northamptonshire, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£428 / sq ft

Area average (sold)

£389 / sq ft

Price per area, sold homes nearby

£297 / sq ft

£428 / sq ft

£465 / sq ft

Lowest

This home

Highest

£428 per sq ft, above the middle of recent sales in MK46 (£297–£465, 10th–90th percentile, 328 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 328 homes sold in MK46 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in MK46 →

Location

Teedon Lane, Olney, MK46

Open map Street View

Part of a development

This home is in Penny House. See the scheme's facilities, developer and other homes there.

Penny House

McCarthy Stone · Olney

View development

Mortgage and stamp duty

Property price £340,000

£170k £510k

Deposit10% £34,000

£0 £340k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £306,000 mortgage. Most lenders would want a household income of about £68,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 23, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Oct 2025	n/a	n/a	n/a	£289,999
Flat 46, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Oct 2025	n/a	n/a	n/a	£335,999
Flat 7, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Sept 2025	n/a	n/a	n/a	£299,999
Flat 4, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Sept 2025	n/a	n/a	n/a	£397,499
Flat 9, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Sept 2025	n/a	n/a	n/a	£299,999
Flat 8, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Aug 2025	n/a	n/a	n/a	£310,999
Flat 22, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	Jun 2025	n/a	n/a	n/a	£224,999
Flat 20, Penny House, 1, Teedon Lane Flat / maisonette · new build	Flat / maisonette · new build	May 2025	n/a	n/a	n/a	£424,999