M16 house prices & rental yield

Postcode district in the M postcode area · updated monthly from live market listings

Near a university · 2.3km from Royal Northern College of Music

Average asking price
£190k
UK avg £340k
Average rent (pcm)
£1,100
UK avg £1,320
Gross rental yield
6.9%
49% above UK avg
Net yield (estimated)
5.2%
assumes ~25% costs, excl. mortgage

Summary

M16 has a gross rental yield of 6.9%, 49% above the UK average, ranking #8 of 40 M postcode districts by yield.

Buy-to-let calculator

Stamp Duty (SDLT)
Deposit required
Mortgage payment (monthly)
Letting agent fee (monthly)
Est. net monthly cashflow

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.

M16 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £108k £900 10.0% 9 / 17
1 £160k £1,000 7.5% 92 / 54
2 £220k £1,262 6.9% 61 / 58
3 £375k £1,695 5.4% 35 / 16
4 £455k £1,600 4.2% 14 / 9
5+ £725k £2,800 13 / 1

Nearby M postcode districts, by yield

DistrictAvg buyAvg rentYield
M14 £272k £1,820 8.0% Compare
M5 £200k £1,290 7.7% Compare
M4 £220k £1,400 7.6% Compare
M3 £225k £1,400 7.5% Compare
M15 £285k £1,750 7.4% Compare
M12 £230k £1,398 7.3% Compare
M1 £250k £1,500 7.2% Compare
M18 £200k £1,150 6.9% Compare
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