15 Penny House, 1 Teedon Lane, Olney, MK46 4FS
By McCarthy & Stone Resales
£ 330,000
Reviews
4 out of 5 stars
McCarthy & Stone Resales says ..
BEAUTIFULLY presented GROUND FLOOR retirement apartment with access to a PATIO enjoying GARDEN VIEWS. Modern kitchen with built in appliances, DOUBLE bedroom with FITTED WARDROBES and a CONTEMPORARY shower room completes this wonderful apartment.
Property Oracle says ..
Olney is a popular and desirable town in Buckinghamshire, known for its attractive market square and historic buildings. The property’s location on Teedon Lane places it within easy reach of Olney’s amenities, including shops, restaurants, and the nearby Olney Middle School (rated ‘Good’ by Ofsted), making it an attractive location for families and those seeking a convenient lifestyle. However, the lack of nearby transportation information prevents a more definitive assessment of the location’s transport links.
Based on the provided images, the property appears to be in excellent condition. The apartment is modern, well-maintained, and features contemporary fixtures and fittings. The communal areas also appear to be well-maintained and offer residents access to various amenities. There is no visible evidence of wear or damage requiring repair or renovation.
The property includes a private patio area and communal gardens, providing outdoor space for residents. While the plot size is relatively small compared to detached houses, it is adequate for an apartment of this type. The communal gardens offer additional outdoor space for residents to enjoy.
The list price of £330,000 is significantly below the average price of £545,333 for properties in the area. Considering the property’s apparent excellent condition, desirable location, and inclusion of outdoor space, the list price appears to represent good value for money, especially when compared to other nearby retirement properties listed at higher prices. The lack of square footage data for the property and its neighbours makes it difficult to provide a more precise analysis of the price per square foot, but given the overall market trends, the price appears reasonable.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 10
- Location
- 8
- Land
- 7
- Bedrooms
- 1
- Bathrooms
- 1
- Lot (est)
- 526.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 512,857.00 £Decreased by 2.36 %
- Average area rental value
- 1,018.00 £/moDecreased by 42.26 %
- Est rental Yield
- 2.38 %Decreased by 40.94 %
- Crime Rate
- 18.00 %Unchanged by 0.00 %
Agent Activity
McCarthy & Stone Resales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Olney Middle School | Academy Converter | Good | 0.88 KM |
| Olney Infant Academy | Academy Converter | 1.55 KM | |
| Lavendon School | Community School | Outstanding | 4.63 KM |
| Newton Blossomville Church Of England School | Voluntary Controlled School | Outstanding | 5.60 KM |
| Sherington Church Of England School | Voluntary Controlled School | Good | 5.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Teedon Lane | £ 0 | 0 | 0.00 KM |
| Millward Lane | £ 0 | 0 | 0.00 KM |
| Silver Birch Grove | £ 850,000 | 0 | 0.00 KM |
| Fairfield Close | £ 0 | 0 | 0.00 KM |
| Rose Court | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 15 Penny House, 1 Teedon Lane, Olney, MK46 4FS | £ 330,000 | BUY | 8 / 10 | 0.00 KM |
| TEEDON LANE, OLNEY | £ 425,000 | BUY | 8 / 10 | 0.03 KM |
| Teedon Lane, Olney | £ 330,000 | BUY | 7 / 10 | 0.03 KM |
| Teedon Lane, Olney, Buckinghamshire, MK46 | £ 495,000 | BUY | 6 / 10 | 0.03 KM |
| 1 Teedon Lane, Olney, Buckinghamshire, MK46 4FS | £ 320,999 | BUY | 7 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Cowper Street | £ 320,000 | 0.25 KM |
| 35 Cowper Street | £ 200,000 | 0.25 KM |
| 39 Cowper Street | £ 415,000 | 0.25 KM |
| 8 Cowper Street | £ 174,000 | 0.25 KM |
| 24 Cowper Street | £ 210,000 | 0.25 KM |