1 bed apartments from £125,500* and 2 bed apartments from £157,500* in partnership with Homes England.
You can now purchase apartments from £125,500* in partnership with Homes England. There are many advantages to purchasing an apartment in this way. For example, if you purchase a 75% share of the property, there will be no rent to pay, meaning you can retain home ownership for less.
Located in the coastal town of Whitley Bay is our stunning retirement development Elderton Place, exclusively for the over 70s. The development comprises of 37 one bedroom and 28 two bedroom apartments, complete with private patios or balconies. These retirement homes are located close to the famous Spanish City offering a number of local amenities and the picturesque beach.
Terms and Conditions
*Purchase from price shown when purchasing a 75% share, with zero rent. Other shares available, with monthly rent. Qualifying criteria apply. Shared Ownership is available on selected apartments at participating developments only.
Our retirement properties in Whitley Bay allow residents to keep their independence, but the development has staff on-site 24-hours a day, 365 days a year, so help is always available if it is required. Residents at our retirement properties in Whitley Bay can also benefit from flexible care packages that are tailored to their needs and preferences. Each resident is able to decide which chores they would like taken care of, so they’ll have more time to spend doing the things they love.
Residents at our retirement properties in Whitley Bay all have their own apartment and use of the stunning landscaped patio area. Plus, even though our retirement properties in Whitley Bay offer you the chance to downsize and free you from maintaining a large family home, you’ll never feel like you’re making any sacrifices. This is because, on the development, you’ll find everything you could possibly need to enjoy a full and active retirement.
Elderton Place has a large communal lounge with bistro serving freshly cooked meals with Sunday lunch proving to be very popular with homeowners and their families. Regular events take place organised by the Estates Manager and include keep fit, film nights and knit and natter and you can decide whether to socialise with our friendly homeowners or enjoy the privacy of your own apartment.
There is a handy hobby room where you can complete a jigsaw or paint a canvas and a hotel style guest suite when family and friends come to stay.
Located a short walk away, you have the coast and the magnificent, recently renovated Spanish City where you can indulge in watching the crowds or sample the delicious fish and chips. You also have close by favourite high street shops and independent retailers or you can enjoy the many cafes and restaurants that Whitley Bay has to offer.
Development Highlights
- Flexible care packages tailored to your needs and preferences
- Bistro style restaurant serving daily, freshly prepared meals.
- Ideally located in the heart of the beautiful coastal town of Whitley Bay
- The stunning sea front and main harbour within 1 mile
- Excellent transport links, including a bus stop directly opposite the development.
- Elegant communal lounge to socialise in with friends and neighbours
Key Features
- By the sea
- Car parking
- Communal lounge
- Estates Manager
- Guest suite
- Bistro
- 24/7 call system
- Camera entry system
- 24 hour staffing
SHARED OWNERSHIP EXPLAINED
Discover how Shared Ownership works with McCarthy Stone
Interactive Site Plan
Our interactive site plan allows you to easily find available retirement properties. Click the tabs to view each floor. You'll see that one-bedroom homes are in yellow and two-bedroom homes are in purple. When you click on a property, you'll find out whether it is available for sale, rent or shared ownership, as well as pricing. Click on 'view property' to find out more. Retirement homes shown in red are already reserved, sold or rented out, but may be available on our Resales website.
Explore properties
Great Homes for Sale
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/06/2022
- Electricity, heating and lighting (communal areas)
- Water and sewage (communal areas and apartments)
- Professional fees
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Income to guest suites and sundry income
- Development staff
- Future maintenance fund
- Restaurant
- Domestic assistance
What's not included?
- Electricity, heating and lighting (apartments)
- Home and contents insurance
- Council Tax
- Phone / broadband
- TV licence / TV service
* Reviewed annually
- You can enjoy the McCarthy Stone lifestyle without paying the full purchase price.
- Buying a percentage share of the property allows you to manage your finances to cater for possible future needs.
- If you buy 75% of the value of the property, there is no rent to pay on the outstanding share.
- If you buy 50% of the value of the property, you will pay rent on the outstanding share.
- You could claim up to £500 a year to help with essential repairs in the first 10 years.
With this scheme, you can purchase up to 75% of the value of your property – and if you own 75%, you won’t pay any rent on the outstanding 25% share. It provides a more affordable way to buy one of our retirement properties.
What is Shared Ownership and who are Homes England?
Is Shared Ownership available at all your locations?
Who will own the share of the property I don’t buy?
Do I need financial advice?
Will a financial review be needed?
What will it cost upfront?
You should plan for some one-off costs associated with your purchase, including, but not limited to the following:
• Reservation deposit (which is deducted from your final purchase)
• Solicitors Fees and disbursements
• Stamp Duty Land Tax (SDLT) in England.
Your solicitor will be able to tell you if the tax applies and how much it will be
• Estate Agent fees if selling a current property
Can I purchase a parking space?
What does the £500 essential repairs include?
Join us at one of our events
- Every Wednesday11:00 - 16:00
Welcome Wednesday's
Every WednesdayNext event: 6th DecMarine Gardens, Whitley Bay, NE26 1LZCome and join us every Wednesday from 11.00am.
Enjoy tea or coffee with a slice of cake in our beautiful communal lounge and take a tour of our show apartments. Why not bring along family and friends, everyone is welcome.
We want you to feel free to look around without the pressure of an appointment, but our sales team will be on hand to answer any questions that you may have.
- Every Saturday11:00 - 14:00
Open House Saturday's
Every SaturdayNext event: 9th DecElderton Place, Coquet Avenue, Whitley Bay NE26 1BXCome and join us every Saturday from 11am to 2pm.
Meet our friendly homeowners and Estates Manager while you indulge in tea or coffee with a slice of cake, in our beautiful bistro.
We want you to feel free to look around without the pressure of an appointment, but our sales team will be on hand should you wish to ask them any questions you have. No appointment necessary just pop in, family and friends welcome.
If you would like to book a specific one to one appointment with a Sales Consultant, on an alternative day, call 0800 201 4811.
Offers Too Good To Miss
Special limited offer - £10,000 off Apartment 47
Property 47 is a beautiful one-bedroom apartment measuring 530 square feet, ideally located on the second floor boasting a North facing walk out balcony.
The spacious living room is decorated in a natural colour which gives a bright and airy feel, while the fitted kitchen comes complete with integrated appliances.
The master bedroom benefits from a wardrobe fitted with hanging space and shelving units. Finally, the shower room is complete with slip resistant flooring and a level access shower, a chrome towel radiator and a fitted mirror. This fantastic apartment comes complete with fitted flooring throughout.We have a very special offer on this stunning apartment. If you reserve by the 31st January 2024, we will give you £10,000 off*.
Call now to book your exclusive viewing on 0800 201 4811.
Part Exchange for a fast and hassle-free sale
With Part Exchange, we can act as a cash buyer for your home. There’s no estate agent fees, no viewings and no chains. Just a guaranteed sale at a great price - so you could be enjoying the McCarthy Stone lifestyle sooner.
To find out more please call 0800 201 4811.
Smooth Move
Nobody expects moving home to be easy, but we’re here to help you every step of the way; from the moment you make a reservation, through to the day you move in. Our Smooth Move service ensures everything goes like clockwork, which includes helping with the cost*.
To find our more please call 0800 201 4811.

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Living in Whitley Bay
Whitley Bay is a beautiful and desirable coastal town in the North East of England. As soon as you arrive in the area, you’ll see the iconic St Mary’s Lighthouse, which stands on its own island and also features a nature reserve and a wetland habitat. If you’d like to learn more about the area, there’s even a visitor centre.