Staggering sum of money you may make by renting out driveway or storage

On Mar 11, 2024

Want to make some further money? Try renting out your driveway.

People who need to swerve hefty parking charges at practice stations and high-streets are turning to British owners for assist as a substitute. For this cause, persons are being inspired to lease out their driveways as a solution to earn “steady monthly income” throughout the price of residing disaster.

Many drivers have unused area that may very well be making them cash. According to the RAC, an estimated six million garages are stuffed with junk.

Homeowners who reside in prime areas can earn practically £5,000 a month by renting out their garages and driveways, YourParkingSpace claims. So what higher incentive than to filter out your storage!

Experts recommend that with skip baggage costing round £15, and the common month-to-month revenue from renting your storage or driveway reaching £148, this straightforward trick is a good way to stability the dreaded improve in family payments come April.

According to the Daily Record, Andy Syrett, UK Managing Director of YourParkingSpace, stated: “Mid-March and early April is a time when many households are looking at ways to combat annual price rises to their council tax, as well as hikes to essentials such as water and mobile phone bills, but by investing a small amount of money and some elbow grease you could unlock a potential revenue stream.

“Last 12 months there was practically 147m searches of motorists on the lookout for parking on our website so the demand is there, and with the Easter holidays not far away and higher climate it may very well be the right time to lease out your unused parking area.”

For extra way of life tales you’ll be able to signal as much as the free Hot Topics publication.

Driving