Rental yields on the Isle of Man
Gross yield is a year of the median local rent over the median local asking price. It is a rough guide to how the two markets sit relative to each other, and today the widest gap is in Andreas at 11%. It is not a return: it takes no account of costs, voids, tax or what the place actually sells for.
By size
| Bedrooms | Median asking price | Median rent | Gross yield |
|---|---|---|---|
| 1 bed | £177,000 | £900 pcm | 6.1% |
| 2 bed | £259,950 | £1,275 pcm | 5.9% |
| 3 bed | £375,000 | £1,700 pcm | 5.4% |
| 4 bed | £580,000 | £2,500 pcm | 5.2% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| Andreas | £380,000 | £3,475 pcm | 11% |
| Laxey | £539,950 | £3,500 pcm | 7.8% |
| Port Erin | £410,000 | £2,500 pcm | 7.3% |
| Ballasalla | £425,000 | £2,600 pcm | 7.3% |
| Colby | £475,000 | £2,400 pcm | 6.1% |
| Ballaugh | £450,000 | £2,250 pcm | 6% |
| Ramsey | £339,950 | £1,595 pcm | 5.6% |
| Douglas | £369,000 | £1,500 pcm | 4.9% |
| Kirk Michael | £349,950 | £1,400 pcm | 4.8% |
| Peel | £306,000 | £1,200 pcm | 4.7% |
| St Johns | £500,000 | £1,750 pcm | 4.2% |
| IM5 1 | £340,000 | £1,100 pcm | 3.9% |
| Port St Mary | £419,950 | £1,250 pcm | 3.6% |
| Union Mills | £699,950 | £1,900 pcm | 3.3% |
| Onchan | £485,000 | £1,300 pcm | 3.2% |
| Lonan | £489,950 | £1,300 pcm | 3.2% |
| Santon | £620,000 | £1,550 pcm | 3% |
| Foxdale | £595,950 | £1,260 pcm | 2.5% |
| Baldrine | £625,000 | £1,200 pcm | 2.3% |
| Sulby | £649,950 | £1,250 pcm | 2.3% |
| Castletown | £575,000 | £950 pcm | 2% |
While you are here
Supply
What is the cheap end of the Isle of Man actually like?
Only 65 of 1,320 homes for sale — 4.9% — ask £150,000 or less. The bottom of this market is thinner than most people expect.
What would make this wrong: Cheap homes sell fastest, so at any moment the bottom of the market is under-represented on any listings site, including this one.
See what this is built from
Renting out
Where does renting out pay best on the Isle of Man?
Andreas shows the widest gap between rents and prices at 11% gross, against 4.5% island-wide.
See what this is built from
This week
What has moved on the Isle of Man this week?
166 listings appeared, 43 had their price cut and 4 went up. We read every agent's site overnight, so this is the week as it happened.
See what this is built from
Everything the data says about Isle of Man
More ways into Isle of Man
Yields outside 1–12% are suppressed everywhere on this site: they are almost always a holiday let priced by the night being read as a monthly rent. Asking prices, not achieved ones — the price index is built from what people actually paid.