Average asking price
£247k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Near a university · 4.9km from The Manchester Metropolitan University
M40 has a gross rental yield of 6.2%, 37% above the UK average, ranking #11 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 |
|---|---|---|---|---|
| 1 | £125k | £820 | — | 6 / 4 |
| 2 | £195k | £1,100 | 6.8% | 40 / 20 |
| 3 | £250k | £1,375 | 6.6% | 81 / 22 |
| 4 | £300k | £2,100 | 8.4% | 21 / 5 |
| 5+ | £420k | £2,475 | — | 5 / 2 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| 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 |