England's mixed-use property market is showing signs of recovery, with close to £1.8bn worth of stock currently listed for sale across the country, according to new research from specialist lender West One Loans.
The lender analysed mixed-use property listings across England in April 2026, examining stock volumes, regional average prices, and combined market values for properties that incorporate both residential and commercial use. Listing volumes were also compared against the same period last year to track 12-month shifts in the market.
The research found 3,899 mixed-use properties listed for sale, at an average asking price of £452,681 and a combined market value of £1.77bn. The figures point to a substantial pipeline for commercial investors seeking assets that combine income-generating commercial space with residential development potential.
London accounts for the largest share of available stock, representing 17% of all listings. The capital has 663 mixed-use properties on the market, with an average asking price of £903,628 and a combined value of £599.1m. The South East ranks second with 592 listings and a combined value of £310.5m, followed by the North West at £156.5m.
Despite sitting third on combined market value, the North West has seen the strongest annual growth, with mixed-use listings up 23.1% over the past year. London has also seen a meaningful rise in available stock, with listings up 14.9% year-on-year. Across England as a whole, mixed-use property listings have grown 5.6% over the same period.
For buyers focused on affordability, the North East offers the lowest entry point in the country. The average asking price there currently stands at £181,093, less than half the national average.
"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," said Duncan Abraham, regional director at West One Loans.
"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 a 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."
