The latest research by specialist property finance lender, West One Loans, has found that there are currently almost £1.8bn worth of mixed-use property opportunities available across England, presenting a significant pipeline of potential acquisitions for commercial investors, with the market showing signs of recovery after a subdued period.
West One Loans analysed current mixed-use property listings across England in April 2026, looking at the volume of stock available, regional average prices, and the combined market value of properties combining residential and commercial use. The research also compared current listing volumes to the same point last year in order to assess how the market has changed over the last 12 months.
There are currently 3,899 mixed-use properties listed for sale across England, with an average asking price of £452,681 and a combined market value of £1.77bn, highlighting the scale of opportunity currently available to commercial investors seeking assets with both an income-producing commercial element and residential development potential.
London is home to the largest proportion of mixed-use stock, accounting for 17.0% of all listings currently available. In total, there are 663 mixed-use properties listed across the capital, with an average asking price of £903,628 and a combined market value of £599.1m.
The South East ranks second, with 592 mixed-use properties listed and a combined market value of £310.5m, while the North West sits third at £156.5m. However, it is the North West that has seen the strongest annual growth, with the number of mixed-use properties listed increasing by 23.1% over the last year.
London has also seen a notable increase in available stock, with mixed-use listings up 14.9% on an annual basis. Across England as a whole, the number of mixed-use properties listed has increased by 5.6% over the last year.
At the more affordable end of the market, the North East remains the cheapest region in which to buy a mixed-use property. The average asking price currently stands at £181,093, less than half the national average.
Regional Director at West One Loans, Duncan Abraham, commented:
“Mixed-use property remains an important part of the market because it can offer commercial investors and developers greater flexibility, stronger yields and multiple routes to generate value.
In many cases, these assets provide commercial investors with the opportunity to acquire an under-utilised building with an existing commercial element, whilst also benefiting from the strong demand we continue to see for residential space. For developers, there is often clear scope to enhance the value of a mixed-use asset through light refurbishment, reconfiguration or redevelopment.
At West One, our development lending is residential-led, which means the residential aspect of a scheme must account for at least 65% of the total value. Where that is the case, mixed-use opportunities can be particularly attractive to commercial investors, especially because we calculate lending against the vacant possession value of the asset. This can allow borrowers to unlock greater leverage where there is a clear plan to improve the property and increase its value.
We are also seeing more developers look for a funding partner that can support the entire lifecycle of a mixed-use scheme. That could mean providing the initial development funding and then supporting the long-term exit via a buy-to-let mortgage where the completed scheme remains predominantly residential, or a commercial mortgage where the asset retains a stronger commercial element.
Having one lender able to support both routes can provide greater certainty and flexibility for developers. West One can deliver an integrated approach to property lending, from support with Development Finance, Bridging and Commercial mortgages. With loan sizes of up to £3m for Commercial Mortgages, and up to £50m for the right opportunity if clients are looking at bridging. We are able to support mixed-use schemes of all sizes, from smaller high street conversions through to much larger residential-led developments.”
