Average asking price
£280k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Likely student area · 0.9km from Royal Northern College of Music
M15 has a gross rental yield of 7.5%, 63% above the UK average, ranking #6 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 | £80k | £215 | — | 2 / 12 |
| 1 | £230k | £1,438 | 7.5% | 121 / 116 |
| 2 | £300k | £1,900 | 7.6% | 265 / 339 |
| 3 | £507k | £2,118 | 5.0% | 32 / 60 |
| 4 | £329k | £2,300 | — | 3 / 27 |
| 5+ | £780k | — | — | 1 / 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 |
| M1 | £250k | £1,500 | 7.2% | Compare |
| M13 | £212k | £1,250 | 7.1% | Compare |
| M12 | £260k | £1,500 | 6.9% | Compare |
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