A Retirement Living PLUS development in the desirable town of Market Harborough. Our Elizabeth Place development features 34 one bedroom and 24 two bedroom apartments exclusively available to the over 70s.
Security is ensured throughout the development, with an on-site Estates Manager, intruder alarms, camera entry doors and a 24 hour call system for residents. Every apartment and the communal spaces is fitted with fire detection equipment. Every McCarthy Stone development strives to achieve a close-knit community feel; with just 58 apartments and a sociable Communal lounge, every resident will be able to get to know their neighbours.
Each apartment in Elizabeth Place features a modern fitted kitchen complete with an integrated fridge freezer and oven, hob and hood. All windows are double glazed for energy efficiency and warmth, and we have installed Sky+ connection points for a painless set-up. All one and two bed apartments have walk-in wardrobes for added luxury. Selected one and two bed apartments feature walk-out balconies or patios.
Every homeowner has access to the entire facility, including the landscaped gardens, on site bistro, homeowners lounge, and the additional feature of the Guest Suite, available for visitors to stay overnight. The development is conveniently located on the outskirts of Market Harborough, just 100m from a Tesco Express supermarket. The train station is located 0.6 miles from the development, which connects to Derby, Nottingham and London.
Development Highlights
- Located in the desirable town of Market Harborough
- Sociable Communal lounge with Wi-Fi
- Landscaped communal gardens
- 24 hour staffing
- On-site bistro
- Accessible lifts to all floors

This video explains our safety measures, so you can visit us with confidence.
Keeping you safe: Rates of COVID-19 infections in McCarthy Stone communities have been 70% lower than among people of the same age in wider society. And safety remains our top priority. Watch a short video about our measures to combat coronavirus here.
Key Features
- 24 hour staffing
- 24/7 call system
- Bistro
- Care provisions
- Communal lounge
- Guest suite
- Landscaped gardens
- Lifts to all floors
- Pets allowed
Virtual Tour
See for yourself what Elizabeth Place has to offer with virtual tours of our one bedroom apartment, two bedroom apartment and Communal lounge and Bistro. To get the best experience click the full screen icon with the four arrows below in the bottom left menu bar.
Interactive Site Plan
Our interactive site plan allows you to explore this retirement development. Click the tabs to view each floor, with G being the Ground Floor. You’ll see that one-bedroom retirement homes are shown in yellow and two-bedroom apartments are shown in purple. Any retirement property shown in red is already reserved, sold or rented out. When you click on an available property, you’ll be given information about the sale and/or rental prices (all rental prices include service charges and ground rent). You can then click on ‘view property’ to find out more.
Great Homes for Sale and Rent
Explore properties:
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2019
* To be offset against your initial payment and fully refundable should your tenancy not proceed
- Communal area costs inc. electricity, heating and lighting
- Future maintenance fund
- Water and sewage (communal areas and apartments)
- Ground rent
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Active social calendar of events and exclusive discounts
- Dedicated on-site team
- Weekly domestic assistance
- Use of the on-site restaurant
What's not included?
- Electricity, heating and lighting (apartments)
- Phone / broadband
- Council Tax
- TV licence / TV service
- Home and contents insurance
What is an Assured Tenancy?
Assured Tenancy means that you agree to rent the property for a minimum term of 12 months, but after that you can leave at any time as long as you give two months written notice. We can’t ask you to leave unless you have broken the terms of the agreement.
I want to rent. What checks do you carry out and what do I need to prepare?
We’ll ask you to complete a Rental Application Pack and an Income and Expenditure form to get the information we need to do standard background checks. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. You’ll be asked to provide identification documentation that complies with the latest Government Right to Rent regulations – our sales consultants will talk you through what you need.
Do I need to pay a reservation deposit?
Yes, you will need to pay a small refundable reservation deposit to reserve the property. You will also have to pay a security deposit equivalent to five weeks rent when you move in.
What do I have to pay before moving in?
Before you can move into your property, you will need to pay the first month’s rent together with your security deposit, minus the reservation deposit you’ve already paid.
The security deposit is equivalent to five weeks rent. Don’t worry, we’ll make sure you know the exact amount you need to pay in plenty of time.
McCarthy Stone is part of the Tenancy Deposit Scheme, membership number G10625. Download the Tenancy Deposit Scheme leaflet.
What date are rental payments due?
All rental payments are due on the 1st of each month and must be paid by direct debit. Your rent includes all of the development’s service charges, ground rents and property maintenance.
It’s an affordable approach to owning a stunning new retirement home:
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013 and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
What is Part buy, part rent?
A flexible, affordable alternative to outright purchase, with all the benefits of ownership. For more information call: 0800 201 4811
How it works
You purchase a minimum 50% share in a brand new McCarthy Stone retirement property and pay rent on the part you don’t own.
Benefits include:
It’s an affordable approach to owning a stunning new retirement home
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
Is private shared ownership available at all McCarthy Stone developments?
No. This offer is available at selected McCarthy Stone developments, so make sure you check with the sales team on site.
What % of the property do I have to purchase?
70% is the standard option – there are options to increase this over time, known as staircasing.
What is staircasing and how does it work?
What further costs and fees are involved You can purchase further 10% increments, based on valuation at that point. You can staircase to 100% at which point the property would be wholly owned. You would stop paying rent, but service charges and ground rent continue to be payable to McCarthy Stone.
Each time you staircase you need to plan for additional costs such as valuation fee, legal expenses, SDLT*/LTT** if applicable.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
Do I pay Stamp Duty Land Tax (SDLT) or Land Transaction Tax (LTT) on a private shared ownership property?
You will need to pay SDLT*/LTT** on a private shared ownership property, but you may have less to pay than if you had purchased outright. You should seek advice from your solicitor to confirm how much SDLT you have to pay.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
How much rent will I have to pay and how will that change over time with rent reviews?
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013, and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
Living at Elizabeth Place

Watch: View our stunning development videos to get a sense of what it's really like to move into your new McCarthy Stone apartment.

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Come and Visit Us
- 3 Jun14:00 - 16:00
Jubilee Celebration
Elizabeth Place, 2 Trimbush Way Off Rockingham Road, Market Harborough, Leicestershire, LE16 7YHWe are delighted to invite you to join us at Elizabeth Place to celebrate The Queens Platinum Jubilee, from 2.00pm until 4.00pm on Friday 3rd June 2022.
We will be opening up our developments and sharing our wonderful facilities with your to mark this special occasion. Everyone is welcome, there will be something for all to enjoy. We can’t wait to see you there.
Please call 0800 201 4811 to confirm your attendance, thank you.
- 23 Jun14:00 - 16:00
Sparkling Cream Tea
Elizabeth Place, 2 Trimbush Way Off Rockingham Road, Market Harborough, Leicestershire, LE16 7YHYour invited to our Sparkling Cream Tea event at Elizabeth Place on Thursday 23rd June from 2 – 4pm.
A chance to view our stunning show homes and communal areas while enjoying some delicious afternoon tea refreshments.
Please call 0800 201 4811 to confirm your attendance, thank you.
Offers Too Good To Miss
1 Bedroom Apartment of the Month - No.34
Reserve Apartment 34 at Elizabeth Place by the 31st May 2022 and you could save £7,500 off the apartment price, plus take advantage of our stunning interior package and receive a £500 John Lewis voucher!
This beautiful one-bedroom apartment is on the first floor and located in a prime position within this popular development. It benefits from a spacious open plan living area, which leads into the kitchen. The bedroom has a luxurious walk-in wardrobe and there is a shower room and large storage cupboard located from the hall area.
This exciting interior package offer includes designer curtains and lighting throughout plus if you reserve now, we’ll also pay £2,500 towards your estate agent fees, we will contribute towards your legal fees and we will also cover your removal costs or we can offer Part Exchange for your current property.
Please get in touch to arrange a priority viewing and discuss moving into this amazing new home ready for Summer.
*Reserve by the 31st May 2022 and legally complete by the 29th July 2022. Cannot be used in conjunction with any other offer. Please ask the Sales Consultant for further information. T&Cs apply.
2 Bedroom Apartment of the Month - No.27
Our two bedroom apartment of the month is Apartment 27, a stunning property at Elizabeth Place with an incredible £10,000 discount and interior design package!
Apartment 27, benefits from a spacious living/dining room with balcony. The separate kitchen is to the rear of the living area complete with oven, hob, fridge freezer and extractor. Bedroom one has a luxurious walk-in wardrobe and there is a separate WC. Bedroom two could be used as a bedroom or a study. There is also a useful storage cupboard located in the hall. This beautiful apartment looks out from the side of the development onto the Rockingham Road.
Reserve before the end of May and also receive £10,000 off the apartment price, a £500 John Lewis voucher plus the exciting interior package offer includes designer curtains and lighting throughout.
If you reserve now, we’ll also pay £2,500 towards your estate agent fees, we will contribute towards your legal fees and we will also cover your removal costs or we can offer Part Exchange for your current property.
Apartment 27 is available to purchase at £299,950 - please contact our friendly sales team to find out more about this fabulous offer!
* Reserve by 31st May 2022 with completion on or before the 29th July 2022. Cannot be used in conjunction with any other offer. Please ask the Sales Consultant for further information. T&Cs apply.
WIN A £20,000 JOHN LEWIS HOME MAKEOVER!
Reserve a McCarthy Stone retirement apartment by 31st July 2022, for the chance to win a £20,000 makeover* with the John Lewis Home team. As well as this incredible top prize, everyone that reserves by 31st July 2022 will receive a £500 John Lewis Gift Card*. But that’s not all! If you book a guided tour of our developments by 31st July 2022 you’ll receive a £20 John Lewis Gift Card* as a thank you.
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.

"I've thought about this and there's only one word to us that describes this place and that's "Utopia", It's absolutely fantastic!"
Living in Market Harborough
The range of high street shops has something for everyone, including White Stuff, Phase Eight, East, Fat Face, New Look, Waterstones, Clarks, and WHSmith. There is also a great range of charity shops and independent boutiques, including a vintage shop and a craft store. In the centre of town is an attractive and bustling market square which hosts weekly markets and twice monthly farmers markets.
- Conveniently situated close to these local amenities:
- Bus Stop 0.2 miles
- Doctors 1.2 miles
- Tesco Express 0.1 miles
- B&M 0.1 miles
Elizabeth Place can be found on Rockingham Road, with a Tesco Express only 0.1 miles from the development.
In the local area, there’s a train station 0.6 miles away, as well as an Aldi, Lidl and a Waitrose 0.9 miles from Elizabeth Place.
Outside the centre, Harborough Leisure Centre is 1.5 miles from the development, while Market Harborough Golf Club is 2.1 miles away.
Getting to Location
If you are using a Sat Nav system then use the postcode LE16 7YH. The official postcode is newly created by Royal Mail and may not be accurate for some months.
The Team at Elizabeth Place

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Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.