Average asking price
£250k
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 5.8%, 28% above the UK average, ranking #14 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 | £120k | £850 | — | 1 / 4 |
| 2 | £132k | £1,175 | 10.7% | 25 / 6 |
| 3 | £270k | £1,500 | 6.7% | 30 / 7 |
| 4 | £385k | £1,600 | — | 10 / 3 |
| 5+ | £525k | £2,200 | — | 4 / 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 |