Proppy
M40Oldham

M40 Central Oldham

M40 Central Oldham investment guide. Average gross yield 5.9%, unknown rental demand.

5.9%avg gross yield
£200kavg sold price (439 sales, 12mo)
Unknownrental demand
Article 4: No
Last updated April 2026
Average Gross Yield
5.9%
+0.4% vs Oldham avg (5.5%)
Average Asking Price
£200,000
high confidence (439 sales)
Est. Monthly Rent
£1,087
2-bed · 3-bed £1,266 · 6.9% yield
Price Per Sq Ft
£256
City avg £423/sqft · 167 below average
Estimated Rent by Bedroom Count
Average asking rent and gross yield per bedroom count in M40
1-bed
£974
per month
8.2% yield
2-bed
£1,087
per month
6.9% yield
3-bed
£1,266
per month
6.8% yield
4-bed
£1,614
per month
7.3% yield
Ownership mix
M40 vs UK average · 28,663 dwellings · Source: ONS Census 2021
High social-rent share: 37% socially rented (20pp higher than the UK average of 17%).
Owned outrightNo mortgage on the property
19.2%(UK 32.9%)
-13.7pp vs UK
Owned with mortgageIncluding shared ownership
21.2%(UK 29.7%)
-8.5pp vs UK
Privately rented (BTL)Private landlord or letting agent
22.7%(UK 20.3%)
+2.4pp vs UK
Socially rentedCouncil or housing association
36.9%(UK 17.1%)
+19.8pp vs UK
Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).
Yield by Property Type
Gross yield breakdown across property types in M40
PropertyData.co.uk
TypeGross YieldAvg PriceAvg Rent/mo
Terraced →0.0%£177,441£0
Semi-detached →0.0%£234,848£0
Flat →0.0%£177,415£0
Detached →0.0%£299,250£0
About M40 Central Oldham (M40, Oldham)

M40 offers an attractive gross yield of 5.9%, reflecting strong rental demand relative to property values in this central Oldham location. Investors are drawn to the area's rental market potential and accessibility, making it a consideration for portfolio diversification in the Greater Manchester region.

The tenant mix spans across all bedroom types, with rental rates ranging from £974 monthly for one-bedroom properties to £1,614 for four-bedroom homes. This diverse demand suggests the area accommodates both professional singles and families, though current data on specific tenant profiles remains limited.

Prospective investors should note that asking price data is currently unavailable, making it difficult to calculate precise yields or assess market value trends independently. Additionally, rental demand figures lack specificity—obtaining local lettings agent insights and conducting thorough demand analysis would be prudent before committing capital to this postcode.

Sold Price Trend - M40
Average sold price, last 12 months
+34.3% over 12 monthsHM Land Registry
Transaction counts shown in tooltip · Data excludes Dec 2025 partial-year distortions
Flip Activity - M40
Same property bought and sold within 18 months, last 24 months
→ vs prior 24 months
Flips
3
last 24 months
Median uplift*
+0.0%
after HPI adjust
Median hold
0 mo
Flip rate
0.0%
of all sales
Recent case studies
kenwick drive
Semi
Bought Jan 25
£160k
Sold Jul 25
£265k
6 mo+64.4%*
Gross 65.6%
parkleigh drive
Semi
Bought Nov 23
£160k
Sold Oct 24
£258k
11 mo+61.7%*
joan street
Terraced
Bought Feb 24
£95k
Sold Aug 24
£135k
6 mo+32.6%*
Gross 42.1%
* 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 - M40
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
Planning restriction data not yet verified for this area.
Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.
Nearby Postcodes
Adjacent areas with comparable investment profiles
Get alerts for M40, Oldham
Be the first to know when new auction lots land in M40. We'll email you as they're listed.
Pre-filled with M40. No spam. Unsubscribe any time.
View live auction lots in M40
Proppy aggregates current auction lots from UK auction sites, filtered by yield targets.
Browse M40 auction lots