Buy-to-Let Yields in Greater Manchester
10 councils · 88 postcode districts · Best: Salford · Data from HM Land Registry & VOA
Top Postcode Districts in Greater Manchester
| Postcode ↕ | Area ↕ | Yield ↕ | Median Price ↕ |
|---|---|---|---|
| M11 | MANCHESTER | 7.31 | £160,000 |
| M9 | MANCHESTER | 7.11 | £164,500 |
| M18 | MANCHESTER | 7.09 | £165,000 |
| M38 | MANCHESTER | 6.57 | £162,500 |
| M40 | MANCHESTER | 6.43 | £182,000 |
| M8 | MANCHESTER | 6.43 | £182,000 |
| M12 | MANCHESTER | 6.29 | £186,000 |
| OL1 | OLDHAM | 5.71 | £147,000 |
| OL8 | OLDHAM | 5.56 | £151,000 |
| M50 | SALFORD | 5.42 | £196,950 |
| M5 | SALFORD | 5.39 | £198,000 |
| M6 | SALFORD | 5.34 | £200,000 |
| M26 | MANCHESTER | 5.33 | £169,000 |
| SK1 | STOCKPORT | 5.21 | £189,875 |
| M16 | MANCHESTER | 5.17 | £232,000 |
Councils in Greater Manchester by Yield
| Council ↕ | Avg Yield ↕ | Median Price ↕ | Monthly Rent ↕ | Postcodes ↕ |
|---|---|---|---|---|
| Salford | 5.12 | £215,000 | £890 | 9 |
| Oldham | 4.58 | £180,000 | £700 | 7 |
| Manchester | 4.52 | £252,960 | £975 | 20 |
| Tameside | 4.34 | £202,000 | £695 | 8 |
| Rochdale | 4.26 | £185,000 | £650 | 6 |
| Bolton | 4.13 | £185,000 | £650 | 7 |
| Wigan | 4.09 | £168,000 | £595 | 9 |
| Bury | 4.03 | £245,000 | £750 | 6 |
| Stockport | 3.7 | £295,000 | £825 | 8 |
| Trafford | 3.49 | £367,500 | £1,000 | 8 |
Greater Manchester Buy-to-Let Overview
Greater Manchester offers an average gross rental yield of 4.2% across 10 councils and 88 postcode districts. This is above the England average of 3.6%, making it an attractive county for buy-to-let investment. The strongest returns are in Salford at 5.1%.
Frequently Asked Questions
What is the average rental yield in Greater Manchester?
The average gross rental yield across Greater Manchester is 4.2%, based on 110,386 property transactions across 10 councils and 88 postcode districts.
Which councils in Greater Manchester have the highest rental yields?
The highest-yielding councils in Greater Manchester are Salford (5.1%), Oldham (4.6%), and Manchester (4.5%).
What are the best postcodes for buy-to-let in Greater Manchester?
The top postcode districts in Greater Manchester are M11 (7.3%), M9 (7.1%), and M18 (7.1%). These areas combine lower property prices with competitive rental returns.
Data updated quarterly from HM Land Registry and VOA open data. Last updated June 2026.