£340k
Residential median (exit context)
Sussex
Commercial Property Development Finance in Worthing
Senior debt, stretch senior, mezzanine, JV equity, stabilisation and development exit finance for commercial schemes in Worthing.
Written by Matt Lenzie Founder & Principal Broker · 25 years arranging development finance
1,235
Residential sales, 12 months
1
New-build sales
n/a
New-build premium
Commercial property development finance in Worthing funds the land purchase and construction of commercial schemes, from a single conversion to a multi-phase regeneration. We arrange it across Sussex for developers, investor-developers and operators, structuring the debt and equity a scheme needs and placing it with the lenders that actually back that asset class.
We underwrite a Worthing scheme on its commercial fundamentals, with the local residential market as a gauge of exit liquidity for any residential element. That market is steady, around 1,235 residential sales in the past year at a £340,000 median, which helps test the values for the homes in a mixed-use or conversion scheme.
Development finance structures for Worthing schemes
We arrange the whole capital structure for Worthing commercial schemes. Senior development finance funds the bulk of the build, typically to 65 to 70 percent of cost and 60 to 65 percent of gross development value. Stretch senior and mezzanine finance lift leverage when the appraisal supports it, reducing the equity you commit. JV equity fills the remaining gap for developers scaling beyond their own balance sheet. For operational schemes that let up or trade after completion, such as student accommodation, care homes, hotels or self-storage, stabilisation finance carries the asset from practical completion through to stabilised income. Once the scheme is stabilised or sold, development exit finance refinances it onto cheaper money while units sell or let, releasing equity for the next site in Sussex.
Commercial development we finance across Worthing
Each commercial asset class is underwritten on different tests by different lenders, and we arrange finance for all of them in Worthing and across Sussex. That covers student accommodation and offices, warehouses and logistics, care homes and healthcare, retail, hotels and leisure, industrial and mixed-use schemes, and the higher-growth classes of self-storage, data centres and life sciences. Knowing which lender backs which sector here, and at what leverage, is the work we do before a scheme ever reaches a credit committee.
Finance we arrange for Worthing schemes
What the Worthing market means for your appraisal
Worthing is a value market within Sussex, where keener land and build costs can widen development margins. Lenders will test the achievable exit values carefully, so robust local sales evidence, of the kind set out below, is central to securing competitive leverage here.
Residential market depth as exit context
Residential sold-price depth is one input a development lender uses to gauge exit liquidity, particularly for the residential element of mixed-use, build-to-rent and conversion schemes. Worthing recorded around 1,235 residential sales over the past year at a median of £340,000, which makes the local market steady. New-build stock carries a premium of n/a over existing stock here. Commercial values turn on covenant, yield and sector demand, which we assess scheme by scheme.
This residential mix is exit context for the homes within a mixed-use or conversion scheme. It is not a guide to commercial values, which are sector and covenant driven.
Residential sold price by type (Worthing)
| Detached | £540,000 |
| Semi-detached | £387,500 |
| Terraced | £345,000 |
| Flat / apartment | £215,000 |
Source: HM Land Registry residential price-paid data, last 12 months.
Recent price trend
| Quarter | Median | Sales |
|---|---|---|
| 2024-Q2 | £335k | 462 |
| 2024-Q3 | £350k | 497 |
| 2024-Q4 | £350k | 611 |
| 2025-Q1 | £342k | 680 |
| 2025-Q2 | £320k | 355 |
| 2025-Q3 | £345k | 392 |
| 2025-Q4 | £340k | 403 |
| 2026-Q1 | £337k | 219 |
Evidence
Recent residential sales in Worthing postcodes
A sample of recent residential transactions across BN11, BN13, BN12, BN14, exit context for the residential element of a scheme rather than a guide to commercial values.
| Address | Postcode | Type | Price | Date |
|---|---|---|---|---|
| FLAT 3, 8, WINCHESTER ROAD | BN11 4DJ | Flat / apartment | £217,000 | 20 March 2026 |
| 8, DIANTHUS GROVE | BN13 3ZA | Semi-detached | £337,000 | 20 March 2026 |
| 65, WILLOW CRESCENT | BN13 2SY | Terraced | £272,000 | 20 March 2026 |
| FLAT 17, MAPLE COURT, WALLACE AVENUE | BN11 5PZ | Flat / apartment | £175,000 | 20 March 2026 |
| 11, BURY DRIVE | BN12 4XB | Detached | £509,500 | 20 March 2026 |
| 5, LICHFIELD COURT, PEVENSEY GARDEN | BN11 5PF | Flat / apartment | £240,000 | 18 March 2026 |
| FLAT 29, THE EARDLEY, 3 10, MARINE PARADE | BN11 3FE | Flat / apartment | £785,000 | 17 March 2026 |
| 23, CISSBURY GARDENS | BN14 0DY | Detached | £510,000 | 16 March 2026 |
| 22, VALE AVENUE | BN14 0BY | Semi-detached | £490,000 | 16 March 2026 |
| 39, ROGATE ROAD | BN13 2DY | Semi-detached | £325,000 | 13 March 2026 |
FAQ
Commercial property development finance in Worthing: common questions
How much commercial property development finance can I raise in Worthing?
Most senior lenders fund up to 65 to 70 percent of total cost, capped at 60 to 65 percent of gross development value, with stretch senior or mezzanine lifting that toward 85 to 90 percent of cost on a strong scheme. The Worthing exit market, currently steady, informs the gross development value a lender will accept.
Which lenders provide development finance in Worthing?
We hold more than one hundred lender relationships across banks, challenger banks, debt funds and private capital. The right lender for a Worthing scheme depends on the sector, the leverage you need and your track record, and we shortlist the desks most likely to back it across Sussex.
How does the Worthing residential market affect a commercial scheme?
It matters mainly as exit context for the residential element of mixed-use, build-to-rent and conversion schemes. HM Land Registry records a £340,000 residential median in Worthing over the past year across roughly 1,235 sales, with flats around £215,000. Commercial values, by contrast, turn on covenant, yield and sector demand, which we assess scheme by scheme.
Do you fund commercial development beyond Worthing?
Yes. We arrange commercial property development finance across the whole of Sussex and the wider UK, with the same approach: model the capital stack, match the scheme to the lenders that back its sector, and negotiate terms on the developer's behalf.
Funding a scheme in Worthing?
Send us the outline and we will come back with a view on fundability and likely terms within one working day.