Average asking price
£290k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
General / family area · 8.4km from Royal Northern College of Music
M23 has a gross rental yield of 5.4%, 17% above the UK average, ranking #18 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 |
|---|---|---|---|---|
| 1 | £122k | — | — | 4 / 0 |
| 2 | £180k | £1,150 | 7.7% | 30 / 7 |
| 3 | £298k | £1,350 | 5.4% | 54 / 6 |
| 4 | £438k | £1,950 | — | 20 / 1 |
| 5+ | £558k | — | — | 4 / 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 |
| 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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