Proppys

HMO investment in Manchester

Manchester hmo stock averages 7.8% gross yield, 0.5pp above the city's all-types average. 6 postcodes have data. (figures based on terraced housing stock as a proxy - LR doesn't categorise hmos separately).

Avg gross yield
7.8%
Avg asking price
£191,372
Avg monthly rent
£1,247/mo
Rental demand
high
Yield comparison by property type
Flat
9.8%
Terraced house
7.8%
HMO
7.8%
Student let
7.8%
New build
7.8%
Semi-detached house
6.5%
Detached house
5.2%

Top postcodes

PostcodeAreaAvg yieldAvg priceStock
M18Gorton & Ryder Brow8.8%£156,8640View
M11Openshaw & Beswick8.5%£173,2560View
M40Collyhurst & Newton Heath8.2%£182,1430View
M9Moston & Collyhurst7.9%£169,5820View
M14Fallowfield & Rusholme7%£234,0370View
M13Longsight & Rusholme East6.7%£264,1500View

Learn more

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Glossary terms
hmoarticle 4 directionmandatory licensingselective licensing
Calculators
Yield Calculator
Calculate gross yield, net yield, monthly cashflow, and cash-on-cash return.
Cashflow Calculator
Full line-by-line monthly cashflow breakdown with all landlord costs.
SDLT Calculator
Calculate stamp duty for any purchase price, including the 5% investment surcharge.

Other property types

Flat
9.8% avg yield
View flat opportunities →
Terraced house
7.8% avg yield
View terraced house opportunities →
Student let
7.8% avg yield
View student let opportunities →
New build
7.8% avg yield
View new build opportunities →
Semi-detached house
6.5% avg yield
View semi-detached house opportunities →
Detached house
5.2% avg yield
View detached house opportunities →
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