M45, Manchester house prices & rental yield

Postcode district in Manchester, part of the M postcode area

General / family area · 7.2km from The University of Salford

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Looking for a property valuation in M45? 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
£310k
UK avg £340k
Average rent (pcm)
£1,100
UK avg £1,275
Gross rental yield
4.3%
5% below UK avg
Net yield (estimated)
3.2%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
0
100% below UK avg
Short-term let activity (Bury)
#281 of 318

Summary

M45 has a gross rental yield of 4.3%, 5% below the UK average, ranking #36 of 39 M postcode districts by yield.

Gross yield trend

+0.5pp since Jul
Jul: 4.3% 4.3% Jul Aug: 5.0% 5.0% Aug Sep: 4.8% 4.8% Sep Oct: 4.8% 4.8% 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.

M45 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
1 £130k £650 — 1 / 5
2 £197k £1,000 6.1% 18 / 15
3 £285k £1,295 5.5% 53 / 7
4 £488k £1,750 — 22 / 1
5+ £872k — — 16 / 0

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
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