Manchester, Greater Manchester

Commercial Mortgages in Manchester

Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Manchester and Greater Manchester.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
£285
Avg Price/sq ft
6.2%
Average Yield
+28.5%
5yr Price Growth
+22.5%
5yr Rental Growth

Investment Hotspot

6.2% average yield

Manchester stands out with above-average yields of 6.2% and strong 5-year price growth of 28.5%, making it one of the UK's most attractive commercial property markets for investors.

Why Choose CMB in Manchester

Direct relationships with executives and board members of the UK's leading lenders

Ex-Banking Background

Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out

Board-Level Access

Direct relationships with lender decision-makers for faster approvals and better terms

£300M+ Track Record

Proven success arranging complex commercial property finance across the UK

Areas we cover:City CentreSalford QuaysAncoatsSpinningfieldsNorthern QuarterOxford Road Corridor

Manchester Local Market Intelligence

UK's strongest regional office market with record rents achieved. Build-to-Rent market established with institutional backing. Industrial and logistics demand exceeds supply.

— CMB Market Analysis

Key Industries

  • Financial Services
  • Technology
  • Media
  • Higher Education
  • Healthcare
  • Creative Industries

Transport Links

  • Manchester Piccadilly mainline
  • Manchester Airport
  • Metrolink tram
  • M60 motorway

Regeneration

St John's development; NOMA; Victoria North; Mayfield; ID Manchester

Manchester Commercial Property Market Data

Commercial Property Values in Manchester

Property TypePrime / Grade ASecondaryMarket Range
Office£41 psf£15 psf£15 - £41 psf
Retail / Shop£89 psf£44 psf£44 - £89 psf
Industrial£9 psf£8 psf£8 - £9 psf

Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.

Investment Yields in Manchester

Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.

Manchester Market Trends

Office Vacancy
Falling
Industrial Demand
Moderate
Retail Footfall
Stable
Residential Investment
Moderate
Dominant sector:Office & Professional Services

Manchester benefits from significant institutional and private investor interest, particularly in office & professional services opportunities.

Manchester Commercial Districts

Spinningfields

Financial/Legal CBD

Prime Rent: £35-42 psf

Ancoats

Creative Quarter

Prime Rent: £22-28 psf

MediaCityUK

Media Hub

Prime Rent: £28-35 psf

Airport City

Enterprise Zone

Prime Rent: £25-32 psf

Trafford Park

Industrial Estate

Prime Rent: £6-9 psf

Recent Commercial Property Transactions in Manchester

Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.

OfficeQ4 2025

Open-plan office suite with parking, Northern Quarter

6,656 sq ft
£152,000 - £168,000
£24 psf6.8% yield
RetailQ1 2026

High street retail unit, City Centre

3,938 sq ft
£284,000 - £314,000
£76 psf6.1% yield
IndustrialQ4 2025

Light industrial unit with yard, Ancoats

19,472 sq ft
£148,000 - £164,000
£8 psf4.9% yield
Residential BlockQ3 2025

20-unit purpose-built apartment block, Northern Quarter

20 units
£3,940,000 - £4,350,000
4.7% yield
Development SiteQ4 2025

Development site with planning for 20 residential units, Northern Quarter

20 units
£370,000 - £410,000
Care HomeQ1 2026

29-bed registered care home with gardens, Ancoats

29 beds
£1,940,000 - £2,145,000
6.9% yield
Mixed-UseQ4 2025

Mixed-use building with commercial ground floor and residential above, City Centre

1,578 sq ft
£261,000 - £288,000
£174 psf5.7% yield

Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.

University & Student Housing in Manchester

Universities

3 institutions · 100,000 students

  • University of Manchester
  • Manchester Metropolitan University
  • University of Salford

HMO Hotspot Areas

FallowfieldWithingtonRusholmeVictoria ParkSalford

HMO Licensing

Article 4 In Effect

Manchester City Council operates mandatory and additional licensing

Typical HMO Yield: 8-12%

Key Licensing Areas

FallowfieldWithingtonRusholmeMoss Side

Article 4 Direction limits new HMO creation. Licensed HMOs command premium.

Our Services in Manchester

Commercial Mortgages

Long-term financing for commercial and mixed-use property purchases, refinancing, and investment — tailored by experienced brokers who understand complex deal structures.

From £50,000Up to 75% LTV5-25 years

Commercial Bridging Finance

Fast, flexible short-term finance for commercial property transactions — decisions in 48 hours, completion in days, and creative structuring for deals that mainstream lenders will not touch.

From £50,000Up to 75% LTV1-18 months

Development Finance

Specialist funding for ground-up construction, major refurbishment, and mixed-use development projects — structured with staged drawdowns aligned to your build programme.

From £150,000Up to 75% LTV6-24 months
ML

Matt Lenzie

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 every deal in Manchester. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.

View Full Profile

Why Manchester for Commercial Property Investment

Investment Highlights

  • UK's second city for investment
  • Strong rental growth
  • Major regeneration pipeline
  • Leading regional tech hub

Development Opportunities

Significant opportunities across the city region including Victoria North, Eastern Gateway, and transport corridor developments.

Lender Appetite

Very strong appetite from all lender types. Manchester often treated as 'honorary London' by institutions. Development finance readily available for quality schemes.

Broker Notes

Regional powerhouse with strong institutional appetite. BTR sector booming. Development finance active for regeneration schemes. HMO lending requires licensing compliance evidence.

Property Types We Finance

Grade A OfficeBuild-to-RentIndustrialRetailMixed-Use DevelopmentStudent Accommodation

Our team has extensive experience in Greater Manchester property finance, from city centre commercial mortgages to suburban development projects.

Why Invest in Manchester

Manchester is the UK's leading regional city for commercial property investment, with a thriving economy, major regeneration, and strong institutional demand. The commercial property market benefits from strong demand across Financial Services, Technology, Media sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.2% and 28.5% price growth over five years, Manchester offers compelling returns for commercial property investors. Excellent connectivity via Manchester Piccadilly mainline supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including St John's development, further enhances the investment outlook and signals sustained public and private sector confidence.

Local Market Challenges

Rapid growth has increased competition for quality stock and driven up land values. Some secondary locations face structural vacancy challenges, requiring careful asset selection and experienced local market knowledge.

Notable Developments

Manchester's commercial property landscape has been shaped by St John's development. Growth in the Financial Services sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.

Planning Context

Manchester falls under Greater Manchester planning authority, where the adopted local plan supports commercial development and economic growth. Planning decisions reflect a balance between heritage conservation and enabling new investment, with CIL charges and Section 106 contributions applying to larger schemes.

Latest Commercial Property News in Manchester

Commercial property news for Manchester will appear here once available. Check back soon for the latest market updates.

Manchester Commercial Mortgage Calculator

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Manchester Location

Commercial mortgage services available across Manchester and surrounding areas. View larger map

Manchester Commercial Property FAQ

What is the average office rent per square foot in Manchester?

Office rents in Manchester range from approximately £15 per square foot for secondary space up to £41 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £28 per square foot. These figures are based on Q1 2026 regional market benchmarking.

What yields can investors expect from commercial property in Manchester?

Investment yields in Manchester vary by property type and grade. Current indicative yields are: offices at 5.41%-7.29%, retail at 6.25%-6.71%, industrial at 4.75%-6.42%, residential single-let at 5.05%, HMOs at 9.71%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.

What types of commercial property are available in Manchester?

Manchester's commercial property market includes offices, retail units, industrial premises, residential investment blocks, care homes. We arrange finance across all commercial property types, from standard office and retail purchases to specialist assets requiring tailored lending solutions.

How much does a residential investment block cost in Manchester?

Residential investment blocks in Manchester typically trade at around £241,550 per unit, or approximately £285 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.05%, with HMO conversions achieving up to 9.71%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.

What are HMO yields in Manchester?

HMO investments in Manchester can achieve yields of approximately 9.71%, compared to 5.05% for standard single-let properties. With 3 higher education institutions and approximately 100k students, Manchester has strong HMO demand. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.

What is the average price per bed for care homes in Manchester?

Care homes in Manchester typically trade at around £81,320 per registered bed. A typical 25-bed home would therefore be valued between £1.6m and £4.9m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.

Ready to discuss your Manchester project?

Speak with our specialist team today and get a decision in principle within 48 hours.