Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Londonderry and Northern Ireland.
Direct relationships with executives and board members of the UK's leading lenders
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
“UK City of Culture 2013 legacy. Growing tech sector. Strong university presence. City Walls heritage.”
— CMB Market Analysis
Ebrington development; One Plan; riverside improvements
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £19 psf | £8 psf | £8 - £19 psf |
| Retail / Shop | £25 psf | £16 psf | £16 - £25 psf |
| Industrial | £5 psf | £4 psf | £4 - £5 psf |
Market estimates based on Q1 2026 regional benchmarking data. For accurate valuations, contact us for a detailed assessment.
Indicative gross yields. Actual returns depend on property condition, lease terms, and tenant covenant strength.
The Londonderry market shows positive momentum with yields compressing slightly against regional averages.
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Open-plan office suite with parking, Fort George
Corner retail unit with display frontage, Cityside
Modern industrial unit, trade estate
Mixed-use building with commercial ground floor and residential above, Ebrington
Development site with planning for 7 residential units, Waterside
7-unit purpose-built apartment block, Fort George
26-bed registered care home with gardens, Cityside
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
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 Londonderry. 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 ProfileLondonderry presents development opportunities linked to Ebrington development. Growing demand from the Technology sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite. Tech and education valued.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Londonderry and the wider Northern Ireland region, from tech workspace conversions to healthcare property investments.
Londonderry in Northern Ireland offers diverse commercial property opportunities for investors and developers. The commercial property market benefits from strong demand across Technology, Healthcare, Education sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 4.7% and 13.2% price growth over five years, Londonderry offers compelling returns for commercial property investors. Excellent connectivity via Derry station supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including Ebrington development, further enhances the investment outlook and signals sustained public and private sector confidence.
Unique legal and regulatory framework compared to the rest of the UK. Market liquidity can be lower for larger assets, requiring specialist lender knowledge and patient capital approaches.
Londonderry's commercial property landscape has been shaped by Ebrington development. Growth in the Technology sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning policy in Londonderry is set by Northern Ireland council through its adopted local plan. The authority supports commercial investment and has allocated sites for employment and mixed-use development. Pre-application advice is available and recommended for larger schemes to navigate local requirements efficiently.
Commercial property news for Londonderry will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Northern Ireland.
Commercial mortgage services available across Londonderry and surrounding areas. View larger map
Office rents in Londonderry range from approximately £8 per square foot for secondary space up to £19 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £16 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Londonderry vary by property type and grade. Current indicative yields are: offices at 7.49%-8.93%, retail at 6.87%-8.38%, industrial at 6.81%-8.18%, residential single-let at 6.53%, HMOs at 9.92%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Londonderry'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.
Residential investment blocks in Londonderry typically trade at around £117,250 per unit, or approximately £152 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 6.53%, with HMO conversions achieving up to 9.92%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
HMO investments in Londonderry can achieve yields of approximately 9.92%, compared to 6.53% for standard single-let properties. Londonderry has established HMO demand in key residential areas. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.
Care homes in Londonderry typically trade at around £58,964 per registered bed. A typical 28-bed home would therefore be valued between £1.2m and £3.5m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.