Average asking price
£260k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Near a university · 2.1km from The University of Manchester
M12 has a gross rental yield of 6.9%, 51% above the UK average, ranking #9 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 |
|---|---|---|---|---|
| 1 | £180k | £1,300 | — | 1 / 3 |
| 2 | £218k | £1,295 | 7.1% | 12 / 13 |
| 3 | £278k | £1,560 | 6.7% | 6 / 10 |
| 4 | £375k | £2,000 | — | 7 / 1 |
| 5+ | £380k | — | — | 5 / 0 |
| 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 |
| M1 | £250k | £1,500 | 7.2% | Compare |
| M13 | £212k | £1,250 | 7.1% | Compare |
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