Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Paddington and the wider Westminster area.
Investors in Paddington benefit from outer-London pricing combined with improving market fundamentals and transport links, with retail rents of £28-45 per square foot and office space from £22-38 per square foot. Average yields of 3.5% across Westminster provide a useful benchmark, with individual Paddington properties varying by asset quality, lease length, and exact location. The 12.5% five-year price growth recorded across the wider area supports development and refurbishment viability in Paddington.
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £86 psf | £31 psf | £31 - £86 psf |
| Retail / Shop | £202 psf | £79 psf | £79 - £202 psf |
| Industrial | £20 psf | £15 psf | £15 - £20 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Market data reflects Westminster-wide averages. Paddington values may differ — contact us for area-specific guidance.
Selective redevelopment and change-of-use conversions characterise Paddington's development pipeline, with investors targeting period buildings for modernisation. ongoing West End enhancement creates a positive backdrop for investment in the area and supports higher end values for completed projects. Refurbished commercial space commands a measurable rent premium over un-improved stock, supporting viable project appraisals.
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 Westminster and Greater London. Over £300m of capital raised for property professionals across the UK.
View Full Profile