Average asking price
£220k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Likely student area · 1.4km from The University of Salford
M3 has a gross rental yield of 7.6%, 66% above the UK average, ranking #4 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 | £125k | £988 | 9.5% | 23 / 52 |
| 1 | £180k | £1,300 | 8.7% | 153 / 187 |
| 2 | £245k | £1,575 | 7.7% | 266 / 304 |
| 3 | £398k | £2,400 | 7.2% | 44 / 29 |
| 4 | £1.70m | £10k | — | 1 / 3 |
| 5+ | £1.90m | £11k | — | 1 / 2 |
| 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 |
| 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 |
| M12 | £260k | £1,500 | 6.9% | Compare |
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