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1 bed flat for sale Teedon Lane, Olney, MK46

Asking price

£300,000

Added on 02/10/2026

Retirement home

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £570 per sq ft
Tenure: Leasehold; 996 years left(from the agent's description)

Service charge £11,201 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Stunning ground floor apartment with direct access to a patio and communal gardens
Modern kitchen with built in appliances
Double bedroom with fitted wardrobes
Car Parking space included
Communal lounge and Bistro serving freshly prepared meals daily
Wellness suite for onsite hair styling and manicurists visits weekly
Beautiful gardens complimented by a potting shed allowing you to nurture your passion for gardening
Dedicated Estate Manager and team
Guest suite
24-hour emergency call system

About this property

Penny House

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.

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

£570 / sq ft

Area average (sold)

£389 / sq ft

Price per area, sold homes nearby

£297 / sq ft

£570 / sq ft

£465 / sq ft

Lowest

This home

Highest

£570 per sq ft, above 9 in 10 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 £300,000

£150k £450k

Deposit10% £30,000

£0 £300k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £270,000 mortgage. Most lenders would want a household income of about £60,000 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