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

Filtering by property type and bedroom count is a paid feature — narrow down to e.g. a specific 3-bed house, not just the area's combined average. Upgrade to unlock →

Comparing this same filter across different areas? Try the yield estimator instead.

Don't have an area in mind yet? Find areas by budget & yield instead.

Looking for a property valuation in M28? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£350k
UK avg £340k
Average rent (pcm)
£1,312
UK avg £1,275
Gross rental yield
4.5%
0% above UK avg
Net yield (estimated)
3.4%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
0
100% below UK avg
Short-term let activity (Salford)
#71 of 318

Summary

M28 has a gross rental yield of 4.5%, 0% above the UK average, ranking #31 of 39 M postcode districts by yield.

Gross yield trend

+0.6pp since Jul
Jul: 4.1% 4.1% Jul Aug: 4.6% 4.6% Aug Sep: 4.3% 4.3% Sep Oct: 4.7% 4.7% Oct

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 £152k £788 — 4 / 2
2 £230k £1,055 5.5% 45 / 20
3 £325k £1,445 5.3% 117 / 27
4 £465k £2,050 — 70 / 4
5+ £700k £4,995 — 31 / 1

Nearby M postcode districts, by yield

DistrictAvg buyAvg rentYield
M4 £220k £1,400 7.6% Compare
M5 £210k £1,300 7.4% Compare
M18 £225k £1,375 7.3% Compare
M3 £230k £1,400 7.3% Compare
M11 £190k £1,100 6.9% Compare
M1 £260k £1,500 6.9% Compare
M16 £218k £1,200 6.6% Compare
M17 £215k £1,175 6.6% Compare
Explore every UK postcode on the interactive buy/rent/yield map.
Open the map →

Get yield updates & new features