Located on one of the main streets in the centre of Salisbury, our latest Retirement Living PLUS development offers stylish apartments for those aged 70 and over. Designed with you and your needs in mind, we take care of any chores and maintenance so that you can have a stress-free retirement.
Monument Place features 63 one and two bedroom apartments with fully fitted kitchens and shower rooms - and to make life that little bit easier, we've included raised-height electrical sockets, panel heaters and double glazed windows. You will also benefit from several connection points, including a telephone and TV point in the living room and main bedroom, and Sky/Sky+ access. Selected apartments have walk-in wardrobes and beautiful views over the garden.
Monument Place offers the level of freedom needed for homeowners to maintain independace and live their retirement to the full. There is an on-site, 24 hour, Estate Team and a 24 hour call system so homeowners can have rest assured that help is there should they need it. For additional peace of mind, all external property maintenance including gardening and window cleaning is taken care of.
Our development boasts an enviable position in the heart of Salisbury just a few hundred feet from the city's high street, where you can find a variety of shops, restaurants, banks, cafes and a local weekly market. A Tesco Metro is located 0.2 miles from the development and you'll find a Boots, Marks & Spencer and Debenhams all within the shopping area.
Development Highlights
- Available to view now
- Tailored domestic support and personal care available should you need it
- Retirement Living PLUS – exclusive to the over 70s
- Staff on-call 24/7 and dedicated Estate Manager to handle day-to-day running of the community
- On-site chef-run bistro with changing seasonal menus
- Located near the stunning Salisbury Cathedral

What is Retirement Living PLUS?
Exclusive to the over 70s, you’ll enjoy your own private apartment with thoughtful assisted living services on the doorstep, including a subsidised restaurant and optional personal care packages.
Key Features
- Bistro
- Estates Manager
- 24/7 call system
- Wheelchair access
- Camera entry system
- Guest suite
- Landscaped gardens
- Car parking
- 24 hour staffing
Virtual Tours
See for yourself what Monument Place has to offer with virtual tours of our two bedroom apartment and Communal lounge. 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 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
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2020
* 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)
- 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 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 Monument Place
Watch: Take a look at an example of our RLP developments.

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Join us at one of our events
- 5 Dec to 9 Dec10:30 - 17:00
Christmas Open Week
5th DecEndless Street, Salisbury, Wiltshire, SP1 3GECome and join us for our Festive Open Week! We're opening up our apartments for you to come and view with a mince pie and a hot drink. If you take a tour, you'll also be treated to a box of chocolates by artisan chocolatier Chococo.
As always, friends and family are more than welcome, so bring them along as well!
Book your place today 0800 201 4811.
- Every Wednesday10:00 - 11:30
Welcome Wednesday
Every WednesdayNext event: 6th DecCome and experience life here at our development! Join us for coffee and light refreshments in the communal lounge and discover the McCarthy Stone lifestyle. You’ll meet Lynn, the Estate Manager and have the opportunity to chat to some of the homeowners who already call this place home. While you’re here, you may wish to take a tour of our stunning show apartments. Feel free to bring your family and friends along too.
Living in Salisbury
Salisbury is a cathedral city in which you have a plethora of things to do, from visiting museums and art galleries to playing a game of golf. It boasts a number of wide green spaces and open recreation areas which create the perfect backdrop for a leisurely walk or afternoon picnic. Spend a day walking around the stunning Salisbury Cathedral, visit the 18th-century Mompesson House, or browse world-famous art at Wilton House. If the mood takes you, you can also go further afield with trains running to Southampton, Bath and London.
- Conveniently situated close to these local amenities:
- Halifax
- Salisbury Library
- Pizza Express
- Costa Coffee
The development is 200 hundred feet from Salisbury High Street where you can shop at Old George Mall, catch a film at the cinema or enjoy a meal at a restaurant.
There are many cultural spots under 1 mile away, including The Salisbury Museum, Mompesson House, Salisbury Art Centre and the City Hall.
The Queen Elizabeth Gardens are the perfect spot for a leisurely walk and they’re only 0.5 miles away from the development.
Getting to Location
If you are using a Sat Nav system you may need the full address of this development. The postcode is newly created by Royal Mail and may not be accurate for some months.
The Team at Monument Place

Great Homes for Sale
Offers Too Good To Miss
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.
Related Developments
Useful Links
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- Cut the cost of living: Moving into our retirement properties can save you significant sums.
- Enjoy a stress free move: Our services include Part Exchange, free removals and decluttering.
- Should you buy, rent or part buy, part rent? Find a flexible option to suit your circumstances.
- Discover thoughtful