M21, Manchester house prices & rental yield

Postcode district in Manchester, part of the M postcode area

Near a university · 4.1km from Royal Northern College of Music

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Average asking price
£390k
UK avg £340k
Average rent (pcm)
£1,272
UK avg £1,300
Gross rental yield
3.9%
15% below UK avg
Net yield (estimated)
2.9%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
0
100% below UK avg

Summary

M21 has a gross rental yield of 3.9%, 15% below the UK average, ranking #37 of 39 M postcode districts by yield.

Price history

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.

M21 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £600 0 / 3
1 £200k £988 5.9% 13 / 12
2 £275k £1,225 5.3% 26 / 16
3 £425k £1,700 4.8% 20 / 9
4 £685k £2,100 3.7% 18 / 5
5+ £865k £3,000 12 / 1

Nearby M postcode districts, by yield

DistrictAvg buyAvg rentYield
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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