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 11.1%. 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 | £875 pcm | 5.9% |
| 2 bed | £259,950 | £1,260 pcm | 5.8% |
| 3 bed | £379,950 | £1,600 pcm | 5.1% |
| 4 bed | £560,000 | £2,400 pcm | 5.1% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| Andreas | £375,000 | £3,475 pcm | 11.1% |
| Colby | £409,950 | £2,800 pcm | 8.2% |
| Laxey | £565,000 | £3,500 pcm | 7.4% |
| Ballaugh | £450,000 | £2,250 pcm | 6% |
| St Johns | £425,000 | £1,750 pcm | 4.9% |
| Ramsey | £369,950 | £1,400 pcm | 4.5% |
| Onchan | £485,000 | £1,800 pcm | 4.5% |
| Castletown | £469,000 | £1,700 pcm | 4.3% |
| Port Erin | £410,000 | £1,400 pcm | 4.1% |
| Douglas | £365,000 | £1,225 pcm | 4% |
| Port St Mary | £425,000 | £1,250 pcm | 3.5% |
| IM5 1 | £395,000 | £1,100 pcm | 3.3% |
| Baldrine | £525,000 | £1,200 pcm | 2.7% |
| Foxdale | £595,950 | £1,260 pcm | 2.5% |
| IM6 1 | £1,950,000 | £1,600 pcm | 1% |
While you are here
Geography
Which is the dearest road on the Isle of Man?
West Apartments Bridge Road, Douglas — a median of £335,000 across 21 recorded sales. The busiest road on the register is Orchard Apartments Bridson Street with 30.
What would make this wrong: Roads are matched from the register's own address text, so a short prestigious road with few sales can be beaten by a long ordinary one. The median spans the life of the register, not today.
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The market
How concentrated is the Isle of Man's market?
Three agents hold 62% of everything advertised — 397, 330, 275 listings out of 1,619. 10 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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The market
Do agents agree on what a house is worth?
4 properties are marketed by more than one agent here. Both figures are published as given.
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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.