Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance across Victoria and the wider Westminster area.
Victoria's property market reflects its position within the broader Westminster area, with pricing that appeals to value-focused buyers, with retail rents of £28-45 per square foot and office space from £22-38 per square foot. Borough-wide yields average 3.5%, though prime Victoria stock with secure tenants on longer leases can achieve tighter returns. Property values across Westminster have risen 12.5% over five years, and Victoria has broadly tracked this positive trajectory.
| 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. Victoria values may differ — contact us for area-specific guidance.
Development interest in Victoria centres on upgrading the existing building stock — re-roofing, new shopfronts, energy-efficiency retrofits, and internal reconfiguration feature prominently. The wider borough benefits from paddington square, which lifts investor sentiment and attracts new occupier demand. Applications are typically well-received where designs respect the prevailing streetscape character.
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