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Did you know you can rent out your driveway?

May 22, 2016 0 Comment

Airbnb is one of the most popular sites for renters. If you aren’t familiar with it, it’s a site where you can put your home up for holiday rentals; either offering the whole place or just a room. Well now, there’s a site where you can put your driveway up for rent!
Yep, you read that correctly; you can now rent out a tiny strip of land outside your home for actual money.
Depending on where you live, you can charge different amounts and it is no surprise that London driveways are the most expensive.
Now before you scoff at the idea, let us tell you just how much money you could earn.
The average is actually £800 a year! That’s a significant amount of money simply from utilising your empty drive. It’s really good news if you live in Westminster as the average in this area is even more. It’s actually £8,000 a year!
We bet you’re all scrambling to see what you can earn right? There’s actually a website that has been set up by Spacehopper which tells you what your driveway is worth and helps you find renters for it. Certain criteria can bump up the price of your driveway such as being close to a train station, or a popular venue. It’s definitely worth a look if your driveway is just sitting there unused!
We wonder how much driveways in Watford go for? If you want to jazz up your driveway to entice some renters give us a call and we’ll have it looking spick and span!

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