We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN11 3DW
Sold STCReduced £25k (−5.3%) on 8 SepListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this beautifully presented fourth floor apartment within the prestigious Warnes development on Worthing seafront, enjoying stunning westerly views across Steyne Gardens, the promenade and out to the English Channel.
The property offers spacious and light-filled accommodation, including two double bedrooms, a generous lounge/dining room with access to a westerly-facing balcony, modern kitchen/breakfast room, secure garage parking and use of the residents’ communal swimming pool.
Offered to the market chain free, this is an exceptional coastal apartment in one of Worthing’s most iconic seafront buildings.
Property Description This is a beautifully presented fourth floor apartment, situated in the heart of one of Worthing’s most sought-after and prestigious apartment buildings, Warnes, overlooking Steyne Gardens and the Worthing seafront promenade, pier and out across the English Channel.
The property offers well-proportioned and light-filled accommodation throughout, including a modern fitted kitchen/breakfast room with integrated appliances.
There are two generous double bedrooms, with the principal bedroom benefiting from a large en-suite shower room, in addition to a further contemporary shower room.
The spacious westerly aspect lounge/dining room enjoys an abundance of natural light and opens directly onto a large westerly-facing balcony with composite decking - ideal for enjoying afternoon and evening sun while taking in the coastal outlook.
Further benefits include secure garage parking, a telephone/video entry system, and access to the communal swimming pool, which is included within the maintenance charges.
The property is being sold chain free, making it an ideal main residence, coastal retreat, or investment opportunity in one of Worthing’s most iconic seafront developments.
Tenure Leasehold with 169 years remaining. Service Charge (for 2025): £4,723.50 per annum (paid bi-annually) Reserve Fund (for 2025): £2,700 per annum (paid bi-annually)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About Apartment 37, Warnes, Steyne Gardens, Worthing
Explore nearby