15 Penny House, 1 Teedon Lane, Olney, MK46 4FS
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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 %
from 525,271.00 £
Average area rental value
1,018.00 £/mo
Decreased by 42.26 %
from 1,763.00 £/mo
Est rental Yield
2.38 %
Decreased by 40.94 %
from 4.03 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • McCarthy & Stone Resales created the listing.

Nearby Schools

NameTypeOfstedDistance
Olney Middle SchoolAcademy ConverterGood0.88 KM
Olney Infant AcademyAcademy Converter1.55 KM
Lavendon SchoolCommunity SchoolOutstanding4.63 KM
Newton Blossomville Church Of England SchoolVoluntary Controlled SchoolOutstanding5.60 KM
Sherington Church Of England SchoolVoluntary Controlled SchoolGood5.79 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Teedon Lane £ 000.00 KM
Millward Lane £ 000.00 KM
Silver Birch Grove £ 850,00000.00 KM
Fairfield Close £ 000.00 KM
Rose Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
15 Penny House, 1 Teedon Lane, Olney, MK46 4FS £ 330,000BUY8 / 100.00 KM
TEEDON LANE, OLNEY £ 425,000BUY8 / 100.03 KM
Teedon Lane, Olney £ 330,000BUY7 / 100.03 KM
Teedon Lane, Olney, Buckinghamshire, MK46 £ 495,000BUY6 / 100.03 KM
1 Teedon Lane, Olney, Buckinghamshire, MK46 4FS £ 320,999BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
10 Cowper Street £ 320,0000.25 KM
35 Cowper Street £ 200,0000.25 KM
39 Cowper Street £ 415,0000.25 KM
8 Cowper Street £ 174,0000.25 KM
24 Cowper Street £ 210,0000.25 KM