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A guide on Rightmove property in Manchester

by | Jul 6, 2023

Home $ An overview on Rightmove property listings in the UK $ A guide on Rightmove property in Manchester

Deciding on the right property to purchase in the UK is a big deal. The decision to rent and where to rent is also a huge decision too. This article goes over the Rightmove data related to Manchester and analyses just how good of an area it is to find somewhere to buy or to rent.
By the end of the article, you should be able to make an informed decision and pick from the list of properties to rent or the 8 number of properties that are sold.

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By analysing Rightmove in Manchester, is there a lot of green, outdoor space?

In Manchester, the available data reveals that there are 13.9 acres of green space per thousand residents. By comparing this value to the recommended standard of 6, we can gauge the presence of green space in the area using statistics found on listing portals such as Rightmove.
Adequate green space is a valuable asset for all individuals as it has a huge impact on the mental and physical health of residents. Unfortunately, it is often compromised in numerous locations. For instance, in urban settings, the quantity of green space frequently falls short of the recommended measure of 6 acres of green space for every thousand individuals.

What are the number of HMOs on Rightmove that are licenced in the area of Manchester?

Currently, the number of licensed HMOs stands at nan that come at an average price to rent of no relevant data for this city. You can also see the difference between the price of a standard HMO room and the average price of a HMO room with an ensuite which is £663.
This should give you an indication if it is worth the difference in price to upgrade to a room with a bathroom in Manchester. Understanding where is best to rent in Manchester involves considering the average asking price for a House in Multiple Occupation (HMO) and comparing this to normal rents.

According to Rightmove data from Manchester, what properties are renting?

What is the outlook for social rent and affordable housing according to Rightmove in Manchester?

Not everyone is inclined to purchase a house and in fact, some people are actually struggling with renting to the extent that they have to rent from the government. According to data scraped from Rightmove and listing portals that are popular in the UK, 7% of individuals in Manchester rely on government rent and the average household income in the district is £37,967.50.



Always visit an area too to find out what the area is truly like and compare these figures to the national averages of 22.6% (on social rent) and £34,000 (in household earnings per year). Most people prefer to live amongst people where their incomes are similar.


If you are a tenant, perhaps move in as a lodger in an excluded tenancy agreement instead of as an assured tenant. While you have fewer rights, a tenancy may be easier to secure.

Not everyone wants to buy a house, in the below headings, we go over what is useful to know when renting a property instead. Consider paying letting agents fees if you don’t want to find tenants yourself. Also, once you have researched your area in detail, make sure you have the right AST to sign them with.

How to examine income data from Rightmove for Manchester

In the city of Manchester, the population stands at 463109 individuals. Among this population, it is noteworthy to consider the educational levels. Approximately 32% of the residents hold a higher-level educational degree.
Additionally, the average household income in the area amounts to £37,967.50. This information is significant for renters, as a higher percentage of degree holders compared to the regional average of 22.6% suggests that your neighbours are likely to be higher earners. While other factors influence neighbour quality too, considering the education level remains beneficial as you’d likely want to be around people you are similar to.

Properties for sale in Manchester on Rightmove

Every month, properties are sold on the platform of Rightmove in Manchester and you can explore the topics below related to sales that give you an overview of the market.

Property investment opportunities presented on Rightmove in the city of Manchester

Based on Rightmove, there is a lot of data you can gather about Manchester and there is a lot that can go towards making the decision to invest. So, the average rental yield of the area is £0. and the average asking rent based on Rightmove data is £1,012. In general, the higher this figure is for asking rent, the more the mortgage payments will likely be when you buy the property, hence the rental income has to go up in order to pay it off. It is also useful to find out the asking rent property by property. First of all, the average rent for a one bedroom property is M1, for a two bed is, £1,049, a three bed is £1,343. Finally, a four bed average asking price is no relevant data for this city, and a five bed, no relevant data for this city. Comparing these prices should allow you to work out what property to buy based on your budget and the mortgage that fits the average asking rent.

Average sold prices of properties on Rightmove

In the area of Manchester in the UK, the average sold price of a property is around £192,017. This is based on the average of all of the types of property listed on Rightmove and other listing platforms. Take a look below to see how this average is made up:

Type of property Average sold price
detached house £286,102
Semi detached house £195,414
Terraced house £179,570
Flat £139,516

On Rightmove, how many planning permission applications are there based in Manchester?

On Rightmove, there are a lot of people who plan to make amendments to their property and 8,000 people every month go through the process. In Manchester, this number is 2 every month and the success rate for planning permission is nan.
Rightmove records planning success as a good metric for investors to get a gauge on how familiar people are with renovating their homes. A higher success indicates investors have done improvements before and they are good at renovation. This suggests that if you are looking to buy in Manchester, you may be able to do the same and make some money.

Investment analysis of Rightmove property in Manchester

When considering buying a house for an investment in the area of North West, you can click here to find further information about houses for sale. There are also a few metrics to look at that make the investment more appealing.



For instance, you should look at the number of property sales that the area has every month which is 8. This, alongside the city’s relative population, should give you an indication of the turnover. The turnover is a piece of data that looks at how many houses have been sold in relation to the number of properties there are.



On average throughout the UK, in a calendar year, this data is around 22% but for Manchester it is 0.63. Finally, a growing population is always a good sign. The change in population that has happened over the last decade has been 10%. So, you can make of that as you will.

A closer look at rental yield on Rightmove in Manchester

Rental yield in Manchester is £0 as of 2023. However, this is not to say that there are not higher yields out there. When the economy was favourable for property in 2018. Yields were as high as 11% in places like Sheffield in some cases. However, an average, yet respectable figure you can expect from a property in the UK is around 4.4% so you can compare Manchester’s yield of £0 to see if you are above or below.
It is useful to note that even though a property may have a below average rental yield, it can still benefit from capital appreciation over time and this profit can be taken when the property is sold.

What questions are asked most frequently?

What is the average property price in Manchester on Rightmove?

The mean property value in the UK is £286k but is changing all the time. Meanwhile, in the local area of Manchester, the average cost of a home available for purchase is £192,017. You can compare these figures to see how far away this city is from the average.

In the process of property hunting on Rightmove in Manchester, do hidden costs come into play?

Landlords should remain attentive to several financial considerations. These may include but are not limited to the costs of running the property, the rate of stamp duty and renovation costs.

Is there substantial criminal activity in the area around Manchester as indicated by Rightmove?

The city of Manchester currently has a crime rate where for every 1000 people who live there 3633% commit crimes. This can be looked at in terms of the national average of 79.52 for every 1000 people.

What are the house sales per month in Manchester?

To comprehend the insights extracted from listing portals like Rightmove begin by acknowledging that the ongoing frequency of houses sold each month equates to 8. To learn more about houses for sale and why this data is important

On Rightmove, how much does a three-bed property typically cost in Manchester?

For properties encompassing three bedrooms, the typical asking price hovers around £1,343. This can be contrasted with the mean property valuations.

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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