Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Goodmayes and the wider Ilford area.
Goodmayes offers one of Ilford's more active secondary commercial markets, combining affordable occupancy costs with proximity to central London, with retail rents of £18-32 per square foot and office space from £15-25 per square foot. Across Ilford, average commercial yields stand at 6.2%, with Goodmayes assets often exceeding this for smaller lot sizes and secondary pitches. Five-year capital growth of 28.5% across the borough signals sustained investor and occupier confidence in the area's trajectory.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £78 psf | £38 psf | £38 - £78 psf |
| Retail / Shop | £214 psf | £43 psf | £43 - £214 psf |
| Industrial | £21 psf | £14 psf | £14 - £21 psf |
| Warehouse / Logistics | £30 psf | £30 psf | £30 - £30 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Ilford-wide averages. Goodmayes values may differ — contact us for area-specific guidance.
Commercial development activity in Goodmayes is characterised by refurbishment-led investment rather than ground-up new build. Borough-wide initiatives including ilford town centre transformation with residential towers and public realm improvements are improving the operating environment for local commercial property. Bridging finance-backed acquisitions are common, with investors purchasing below market value and adding value through targeted improvement programmes before refinancing to term debt.
Founder & Principal Broker
With a career spanning Lloyds Bank, Bank of Scotland, and a partnership in a corporate finance business, Matt brings institutional-grade expertise to deals across Ilford and Greater London. Over £300m of capital raised for property professionals across the UK.
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