Residential dwellings
19,421
Addressable residential units in the area (OS AddressBase).
ML2 rents and yields
Asking rent £749/month · Gross yield 6.2% · 12 months, listings to Sep 2026
What is ML2?
ML2: residential dwellings 19,421.
HMO-shaped dwellings
0.0%
ML2 has the highest HMO-shaped dwellings of the 10 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 15,696
- Mixed-use buildings
- 89%
- HMO-shaped units
- 0.0%
What does ML2 earn?
ML2: asking rent £749/month (12 months to Sep 2026, 171 lets).
Asking rent
£749/month 12 months to Sep 2026
171 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 171 lets.
Gross yield, asking basis
6.2% 12 months to Sep 2026
230 lets
+8.6% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 230 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
36 on 6 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 6 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Who owns ML2?
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does ML2 rank?
ML2 ranks 8th of 9 postcode districts in North Lanarkshire for asking rent, at £749/month.
Asking rent · postcode districts in North Lanarkshire
ML2 ranks 8th of 9 postcode districts in North Lanarkshire for asking rent, at £749/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | G69 | £1,105/month | 12 months to Sep 2026 · from monthly figures | 106 | measured |
| 2 | ML5 | £821/month | 12 months to Sep 2026 · from monthly figures | 188 | measured |
| 3 | ML4 | £819/month | 12 months to Sep 2026 · from monthly figures | 92 | measured |
| 4 | ML1 | £819/month | 12 months to Sep 2026 · from monthly figures | 177 | measured |
| 5 | ML7 | £805/month | 12 months to Sep 2026 · from monthly figures | 51 | indicative |
| 8 | ML2 | £749/month | 12 months to Sep 2026 · from monthly figures | 171 | measured |
Full table: asking rent across postcode districts in North Lanarkshire
Gross yield, asking basis · postcode districts in North Lanarkshire
ML2 ranks 6th of 9 postcode districts in North Lanarkshire for gross yield, asking basis, at 6.2%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | ML7 | 7.3% | 12 months to Sep 2026 · from monthly figures · 8 of 12 months observed | 54 | indicative |
| 2 | ML4 | 7.2% | 12 months to Sep 2026 · from monthly figures | 126 | measured |
| 3 | G67 | 6.6% | 12 months to Sep 2026 · from monthly figures | 239 | measured |
| 4 | G65 | 6.5% | 12 months to Sep 2026 · from monthly figures · 11 of 12 months observed | 108 | measured |
| 5 | G69 | 6.2% | 12 months to Sep 2026 · from monthly figures | 138 | measured |
| 6 | ML2 | 6.2% | 12 months to Sep 2026 · from monthly figures | 230 | measured |
Full table: gross yield, asking basis across postcode districts in North Lanarkshire
Where next from ML2?
- North LanarkshireThe wider market this area sits in.
- G65Neighbouring postcode district · Asking £2,128/m² · Sep 2026
- G67Neighbouring postcode district · Asking £1,448/m² · Sep 2026
- G68Neighbouring postcode district · Asking £2,299/m² · Sep 2026
- G69Neighbouring postcode district · Asking £2,614/m² · Sep 2026
- ML1Neighbouring postcode district · Asking £2,142/m² · Sep 2026
- ML4Neighbouring postcode district · Asking £1,664/m² · Sep 2026
- ML5Neighbouring postcode district · Asking £2,321/m² · Sep 2026
- ML6Neighbouring postcode district · Asking £1,949/m² · Sep 2026
- EH47Next door, in another authority · Asking £2,476/m² · Sep 2026
- ML8Next door, in another authority · Asking £1,918/m² · Sep 2026
- ML9Next door, in another authority · Asking £2,146/m² · Sep 2026
- ML3Next door, in another authority · Asking £2,574/m² · Sep 2026
- ML11Next door, in another authority · Asking £2,160/m² · Sep 2026
Questions about ML2
- What is the average rent in ML2?
- Homes to let in ML2 asked a median £749/month over the 12 months to Sep 2026, 171 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in ML2?
- 6.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 230 lets. +8.6% on the previous 12 months.
- What kind of homes are in ML2?
- ML2 has 19,421 homes, 0.0% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about ML2
- Property values in ML2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in ML2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in ML2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in ML2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in ML2Registered completions from Price Paid, newest first.
- Planning applications in ML2What was proposed, who decided it and whether it was approved.
- Estate agents in ML2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 171 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 230 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 6 Nov 2026 | 6 Nov 2026 | — |