M28, Manchester house prices & rental yield

Postcode district in Manchester, part of the M postcode area

General / family area · 7.0km from The University of Bolton

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Average asking price
£350k
UK avg £340k
Average rent (pcm)
£1,200
UK avg £1,300
Gross rental yield
4.1%
10% below UK avg
Net yield (estimated)
3.1%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-06)
0
100% below UK avg

Summary

M28 has a gross rental yield of 4.1%, 10% below the UK average, ranking #34 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.

M28 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £145k £838 3 / 4
2 £220k £1,030 5.6% 33 / 18
3 £300k £1,435 5.7% 110 / 19
4 £482k £2,200 70 / 3
5+ £800k £480 31 / 3

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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