Average asking price
£250k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Likely student area · 0.8km from The Manchester Metropolitan University
M1 has a gross rental yield of 7.2%, 57% above the UK average, ranking #7 of 39 M postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £150k | £1,230 | 9.8% | 10 / 32 |
| 1 | £198k | £1,342 | 8.2% | 94 / 124 |
| 2 | £260k | £1,600 | 7.4% | 234 / 196 |
| 3 | £475k | £2,450 | 6.2% | 27 / 21 |
| 4 | £575k | £3,500 | — | 3 / 1 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| M18 | £200k | £1,350 | 8.1% | Compare |
| M16 | £190k | £1,224 | 7.7% | Compare |
| M5 | £200k | £1,275 | 7.6% | Compare |
| M3 | £220k | £1,400 | 7.6% | Compare |
| M4 | £222k | £1,400 | 7.6% | Compare |
| M15 | £280k | £1,750 | 7.5% | Compare |
| M13 | £212k | £1,250 | 7.1% | Compare |
| M12 | £260k | £1,500 | 6.9% | Compare |
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