Rent out your parking space and drive your earnings up.
Rent out your parking space. Commuters, travellers, people attending an event… pay to park in your drive or garage.
Earnometer (out of 4):
Average of £30-£200+ per month
Depending on your location.
An off-road parking space or garage that can be made available for someone else’s car.
Be competitive. Check what other people in your area are charging on the listing sites so that your parking space is attractive.
Ensure you have a contract – normally available through the main listing sites.
Check with your landlord and mortgage company that you are within the terms of your lease or mortgage.
List on multiple sites to maximize your chance of making money (remember to check any fees first).
We are talking about private off-road parking spaces – councils don’t like you selling on parking permits.
Show off your space with a great photo.
Let your insurance company know in advance so that your cover is not affected.
Some popular services that help you rent out your parking space: