Average asking price
£245k
UK avg £340k
Postcode district in Manchester, part of the M postcode area
Near a university · 3.5km from The University of Salford
M8 has a gross rental yield of 5.5%, 20% above the UK average, ranking #16 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 | — | £750 | — | 0 / 3 |
| 1 | £95k | £800 | — | 3 / 9 |
| 2 | £140k | £1,150 | 9.9% | 23 / 24 |
| 3 | £270k | £1,600 | — | 33 / 3 |
| 4 | £380k | £1,595 | — | 7 / 3 |
| 5+ | £625k | £2,248 | — | 5 / 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 |
| M3 | £220k | £1,400 | 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 |
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