M38 house prices & rental yield

Postcode district in the M postcode area · house prices, rent & yield from live market listings

Near a university · 4.8km from The University of Bolton

Average asking price
£210k
UK avg £340k
Average rent (pcm)
£925
UK avg £1,320
Gross rental yield
5.3%
13% above UK avg
Net yield (estimated)
4.0%
assumes ~25% costs, excl. mortgage

Summary

M38 has a gross rental yield of 5.3%, 13% above the UK average, ranking #18 of 40 M postcode districts by yield.

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.

M38 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £140k £546 1 / 8
2 £175k £875 2 / 5
3 £210k £1,238 7.1% 22 / 8
4 £245k £1,350 3 / 1
5+ £300k £2,250 2 / 1

Nearby M postcode districts, by yield

DistrictAvg buyAvg rentYield
M14 £272k £1,820 8.0% Compare
M5 £200k £1,290 7.7% Compare
M4 £220k £1,400 7.6% Compare
M3 £225k £1,400 7.5% Compare
M15 £285k £1,750 7.4% Compare
M12 £230k £1,398 7.3% Compare
M1 £250k £1,500 7.2% Compare
M16 £190k £1,100 6.9% Compare
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