Average asking price
£310k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Likely student area · 1.0km from The Manchester Metropolitan University
M2 has a gross rental yield of 4.6%, 1% above the UK average, ranking #29 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 | — | £1,199 | — | 0 / 8 |
| 1 | £240k | £1,300 | — | 9 / 1 |
| 2 | £400k | — | — | 7 / 0 |
| 3 | — | £2,750 | — | 0 / 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 |
| M1 | £250k | £1,500 | 7.2% | Compare |
| M13 | £212k | £1,250 | 7.1% | Compare |
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