Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, we arrange commercial mortgages, bridging finance, and development finance for property professionals across Leeds and West Yorkshire.
Leeds stands out with above-average yields of 6.5%, making it one of the UK's most attractive commercial property markets for investors.
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's second financial centre with strong professional services demand. South Bank creating massive development opportunity. Build-to-Rent market established.”
— CMB Market Analysis
South Bank regeneration (Europe's largest city centre project); Temple development; West End
| Property Type | Prime / Grade A | Secondary | Market Range |
|---|---|---|---|
| Office | £37 psf | £19 psf | £19 - £37 psf |
| Retail / Shop | £53 psf | £26 psf | £26 - £53 psf |
| Industrial | £10 psf | £7 psf | £7 - £10 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 Leeds market shows positive momentum with yields compressing slightly against regional averages.
Prime CBD
New Build Office
Premium Office
Creative/Tech
Major Regeneration
Representative transactions reflecting current market activity. Prices are guide values based on comparable evidence.
Grade A office suite, Headingley
Corner retail unit with display frontage, Headingley
Industrial workshop with office, South Bank
36-bed care home, recently refurbished, South Bank
Shop with maisonette above, town centre
Permitted development opportunity, Roundhay
Buy-to-let residential portfolio, 6 units, Roundhay
Market estimates based on Q1 2026 regional benchmarking. For accurate valuations, contact us.
2 institutions · 66,000 students
Leeds City Council operates selective licensing in certain areas
Article 4 covers major student areas. Premium established HMO market with strong demand.
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 Leeds. 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 ProfileSouth Bank offers transformational opportunities; Temple, West End, and fringe areas all active.
Very strong appetite from all lender types. Quality schemes attract competitive terms.
Broker Notes
UK's largest financial centre outside London. South Bank creating £7bn development opportunity. Strong BTL lending for student areas. Yorkshire BS and Leeds BS offer competitive local rates.
Our team has extensive experience across West Yorkshire property finance markets.
Leeds is one of the UK's most dynamic regional cities with a thriving financial and legal services sector. The commercial property market benefits from strong demand across Financial Services, Legal Services, Technology sectors, creating diverse occupier interest and reducing single-sector risk. With average yields of 6.5% and 24.8% price growth over five years, Leeds offers compelling returns for commercial property investors. Excellent connectivity via Leeds rail station (mainline) supports tenant demand and underpins long-term property values. Ongoing regeneration activity, including South Bank regeneration (Europe's largest city centre project), further enhances the investment outlook and signals sustained public and private sector confidence.
Market polarisation between prime city centre and secondary suburban locations creates a two-speed market. Investors must navigate varying local authority approaches to planning and development contributions.
Leeds's commercial property landscape has been shaped by South Bank regeneration (Europe's largest city centre project). Growth in the Financial Services sector has driven notable investment activity, with occupier demand supporting new development and refurbishment projects across the area.
Planning applications in Leeds are managed by West Yorkshire council, which has adopted a pro-growth stance supporting commercial and mixed-use development. Local plan policies favour brownfield regeneration and town centre investment, with a streamlined approach to permitted development rights for office-to-residential conversions.
Commercial property news for Leeds will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout West Yorkshire.
Commercial mortgage services available across Leeds and surrounding areas. View larger map
Office rents in Leeds range from approximately £19 per square foot for secondary space up to £37 per square foot for Grade A accommodation. Grade B office space, which represents the bulk of the market, typically commands around £25 per square foot. These figures are based on Q1 2026 regional market benchmarking.
Investment yields in Leeds vary by property type and grade. Current indicative yields are: offices at 5.46%-7.41%, retail at 6.14%-8.32%, industrial at 4.56%-5.82%, residential single-let at 5.77%, HMOs at 8.99%. Prime yields are typically lower, reflecting stronger covenant strength and location quality. Contact us for a detailed yield analysis for your target property type.
Leeds'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 Leeds typically trade at around £132,480 per unit, or approximately £249 per square foot. Blocks of 4-24 units are the most common size bracket for private investors. Yields for single-let apartments average 5.77%, with HMO conversions achieving up to 8.99%. We can arrange commercial mortgages for blocks of 4+ units through specialist BTL lenders.
HMO investments in Leeds can achieve yields of approximately 8.99%, compared to 5.77% for standard single-let properties. With 2 higher education institutions and approximately 66k students, Leeds has strong HMO demand. Note that HMO licensing requirements vary by local authority -- check Article 4 directions before purchasing.
Care homes in Leeds typically trade at around £65,920 per registered bed. A typical 57-bed home would therefore be valued between £1.3m and £4.0m. Care home financing is specialist in nature and we work with lenders who understand the operational and regulatory requirements of the sector.