Postcode district in the M postcode area · updated monthly from live market listings
Near a university · 4.9km from The Manchester Metropolitan University
M40 has a gross rental yield of 6.1%, 31% above the UK average, ranking #13 of 40 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 | — | £1,500 | — | 0 / 1 |
| 1 | £125k | £850 | 8.2% | 5 / 7 |
| 2 | £185k | £1,100 | 7.1% | 34 / 10 |
| 3 | £270k | £1,400 | 6.2% | 62 / 12 |
| 4 | £325k | £1,700 | — | 19 / 3 |
| 5+ | £455k | — | — | 4 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| 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 |