M2 house prices & rental yield

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

Likely student area · 1.0km from The Manchester Metropolitan University

Average asking price
£290k
UK avg £340k
Average rent (pcm)
£1,198
UK avg £1,320
Gross rental yield
5.0%
6% above UK avg
Net yield (estimated)
3.7%
assumes ~25% costs, excl. mortgage

Summary

M2 has a gross rental yield of 5.0%, 6% above the UK average, ranking #22 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.

M2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £1,148 0 / 8
1 £250k £1,274 8 / 1
2 £380k 5 / 0

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
M16 £190k £1,100 6.9% Compare
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