The Best Buy to Let Areas in Manchester Every Investor Should Know in 2025

(Based on the M1 Postcode)
Average House Price: £239,734 (Rightmove)
Average Rental Yield: 6.38% (Houses For Sale To Rent)

The heart and soul of every city, the city centre is often the busiest for rental demand, with most young professionals eager to find accommodation close to their work.

This is especially true for Manchester city centre, which offers excellent employment, world-class leisure facilities, a city-wide tram system, and more regeneration projects than you can shake a stick at.

Thanks to these opportunities and features, Manchester was voted one of the youngest cities in Britain, with 37% of the population aged 18-34 – a perfect age group for buy-to-let investments.

Manchester city centre offers some excellent affordability.

According to Rightmove (based on the M1 Postcode), average property prices in Manchester City Centre are £239,734.

And thanks to the high average rent of £1,275 per month, you can expect average rental yields of 6.38% gross.

It gets better:

In the last five years, the average Manchester property has increased by a whopping 30.99%, with a 20-year recorded growth rate of 184.46% – one of the highest of every major UK city.

As such, if you’re thinking of good buy-to-let areas in Manchester, Manchester city centre should be at the front of your list.

Average House Price: £233,768 (Rightmove)
Average Rental Yield: 9.09% (Houses For Sale To Rent)

Affordable, with an average rental income far beyond the city average, Fallowfield is an ideal hotspot for property investment outside the city centre.

Fallowfield, and much of the M14 postcode, is a hotspot for students, with easy links to the University of Manchester and Manchester Metropolitan University.

Due to this, the student market is absolutely thriving here, with a tonne of purpose-built student accommodation and HMOs popping up each year.

Located just three miles south of Manchester city centre, Fallowfield is an absolute steal for buy-to-let investors. With property prices of around £233,768 and monthly rents of £1,770, the area generates rental yields of 9.09%.

With so much scope for rental property in the area, and a wide array of property types like terraced houses, purpose-built student accommodation, and higher-end apartments, there is significant potential for property investment in Fallowfield.

Just keep in mind that if you’re tempted by an HMO conversion, you’ll need special planning permission for a new HMO conversion.

Check out our guide on student property investment for more information.

Average House Price: £261,312 (Rightmove)
Average Rental Yield: 6.95% (Houses For Sale To Rent)

Boasting excellent transport links and a thriving population, Old Trafford is a fast-emerging property market.

According to Rightmove, overall sold prices in Old Trafford were 8% higher than in 2023 and 2% higher than the 2021 peak of £256,628.

Factoring in the average rental income of £1,514 PCM, the average yield in this area is 6.95%.

As the area undergoes significant redevelopment, including the ambitious regeneration plans for Trafford Park and the construction of a world-class stadium, its desirability is set to soar, potentially making it an ideal investment hotspot for long-term capital appreciation.

While we’ve already mentioned a few of them, there are plenty of amazing buy-to-let areas in Manchester that could soon make this list properly.

These include:

1. Castlefield
2. Piccadilly
3. Wythenshawe
4. Levenshulme
5. Droylsden
6. Wigan

All these areas have growing rental markets, with strong rental yields to boot.

And while they may not have the headline growth seen in the five areas mentioned on this list, they can still deliver you a significant investment if you choose the right properties.

To maximise your chances of success, you need to think about your tenants. Offering spacious apartments with room to work from home and outside space can massively increase your chances of success.

This is vital to keep in mind, as even if you invest in one of the best Manchester buy-to-let areas, if you don’t have an attractive apartment, you’ll likely struggle to make a good investment.