4.8% Average
Rental Yield in M23 — MANCHESTER
Rent data based on Manchester local authority median. Our methodology
Average ↑ above North West average (4.2%)
· ↑ above England average (3.6%)
£245,000
Median Price
£975
Monthly Rent
4.8%
Gross Yield
1,047
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £420,000 | 114 |
| Semi-detached | £270,000 | 462 |
| Terraced | £240,000 | 310 |
| Flat | £155,000 | 137 |
| Other | £177,000 | 24 |
Compare Nearby Postcodes
Compare M23 side by side →M23 is part of Manchester. View all postcode districts in Manchester.
Frequently Asked Questions
What is the rental yield in M23?
M23 has a gross rental yield of 4.8%. The median property price is £245,000 with typical monthly rents of £975, based on Land Registry and VOA data.
Is M23 a good area for buy-to-let?
M23 yields 4.8%, above the England average of 3.6%. With 1,047 transactions over 3 years, the data is reliable.
What is the median property price in M23?
The median property price in M23 is £245,000, based on 1,047 Land Registry transactions over 3 years. This compares to £252,960 across Manchester as a whole.
Data updated quarterly · Last update: Q1 2026