Properties to rent in M2

Frequently asked questions about renting in M2

What is the average rent in M2?

There are only 3 homes to rent in M2 itself, so these figures cover the 2,281 homes to rent within 3 km. The average rent for a home within 3 km of M2 is £1,520 a month. A few very expensive homes pull that average up, so a more typical rent is £1,395 a month.

How much is a 2 or 3 bedroom home to rent in M2?

A typical 2-bedroom home within 3 km of M2 rents for £1,450 a month and a 3-bedroom home £1,820 a month. So the extra bedroom adds about £370 a month. 1-bedroom homes rent for around £1,150 a month, and 4-bedroom homes rent for about £2,000 a month.

What is the price range of rental homes in M2?

Most rents within 3 km of M2 are between £875 and £6,375 a month, leaving out the very cheapest and most expensive. One in five rents for less than £1,100 a month, and one in five £1,800 a month or more.

How many homes are available to rent in M2?

There are 3 homes to rent in M2 on Houses right now, plus 1 already let agreed. Within 3 km there are 2,281, and the listings on this page include the nearest of them. 3,514 new listings came onto the market within 3 km in the last 30 days.

Are rents going up in M2?

Slightly up. Homes put up to rent within 3 km of M2 over the last 12 months were advertised at a typical £1,415 a month, 2.9% higher than the year before (£1,375 a month). By size, 1-bedroom homes are up 3%, 2-bedroom homes are up 3% and 4-bedroom homes are down 3%.

How quickly do rental homes let in M2?

Within 3 km of M2, most rental homes are let or taken off the market within 9 days. About 73% go within the first month. Flats go faster, in 8 days against about 4 weeks for houses.

What rental yield can I get in M2?

About 8.4% gross for flats and 6.2% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of M2 over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes can I rent in M2?

Flats and apartments are the most common, about 9 in 10 homes to rent within 3 km of M2. Terraced houses come next, followed by semi-detached houses. Terraced houses are the cheapest, at about £1,300 a month, and detached houses the most expensive, at about £1,600 a month.

Where is it cheaper to rent near M2?

Of the areas around M2, M15 is the cheapest, with a typical rent of £1,450 a month, followed by M3 (£1,450 a month) and M4 (£1,495 a month).

Are rental homes in M2 furnished?

About 9 in 10 rental homes within 3 km of M2 that say so are furnished, and the rest come unfurnished.

Which train stations are in or near M2?

M2 has no station of its own. The nearest are Manchester Oxford Road, Manchester Victoria and Deansgate.