M12Manchester

Clayton & Openshaw Industrial Quarter

Clayton & Openshaw Industrial Quarter investment guide. Average gross yield 6.2%, unknown rental demand.

6.2%avg gross yield

£199kavg sold price (96 sales, 12mo)

Unknownrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

6.2%

+0.7% vs Manchester avg (5.5%)

Average Asking Price

£198,883

high confidence (96 sales)

Est. Monthly Rent

£1,172

2-bed · 3-bed £1,397 · 7.6% yield

Price Per Sq Ft

£318

City avg £423/sqft · 105 below average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in M12

1-bed

£770

per month

5.6% yield

2-bed

£1,172

per month

7.6% yield

3-bed

£1,397

per month

6.3% yield

4-bed

£1,699

per month

7.7% yield

Ownership mix

M12 vs UK average · 16,876 dwellings · Source: ONS Census 2021

Distinct tenure mix: 12% owned outright (21pp lower than the UK average of 33%).

Owned outrightNo mortgage on the property

12.2%(UK 32.9%)

-20.7pp vs UK

Owned with mortgageIncluding shared ownership

17.8%(UK 29.7%)

-11.9pp vs UK

Privately rented (BTL)Private landlord or letting agent

33.6%(UK 20.3%)

+13.3pp vs UK

Socially rentedCouncil or housing association

36.4%(UK 17.1%)

+19.3pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in M12

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	8.1%	£179,670	£1,218
Semi-detached →	5.8%	£248,118	£1,203
Detached →	4.5%	£337,414	£1,263
Flat →	10.2%	£134,250	£1,141

Explore by strategy

Live data for each property type across Manchester.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Clayton & Openshaw Industrial Quarter (M12, Manchester)

M12 attracts property investors seeking affordable entry prices with competitive gross yields of 6.2%. The sub-£200k average asking price makes this area accessible for both first-time and portfolio investors looking to build rental holdings across Manchester's eastside.

The tenant demographic appears broad-based, with particularly strong rental yields on 2-bed (7.6%) and 4-bed (7.7%) properties suggesting demand from both young professionals and families. Mid-range properties command solid returns, though overall rental demand data remains limited, requiring thorough local investigation before purchase.

Investors should exercise caution regarding area stability and long-term regeneration prospects, as limited rental demand information suggests this remains a secondary investment area. Property condition, local amenities, and transport links warrant careful due diligence, as yield alone does not guarantee positive cash flow or capital appreciation.

Sold Price Trend - M12

Average sold price, last 8 quarters

+11.6% over 2 years

Flip Activity - M12

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+57.8%

after HPI adjust

Median hold

12 mo

Flip rate

1.1%

of all sales

Recent case studies

oadby close

Semi

Bought Jul 24

£141k

Sold Aug 25

£240k

13 mo+77.2%*

Gross 69.8%

northmoor road

Terraced

Bought Sept 23

£100k

Sold Aug 24

£140k

11 mo+38.4%*

Gross 40.0%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - M12

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Manchester. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

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