How Much Money Can You Make from Renting Your Driveway?

London is a heaving, thriving metropolis, a place where everyone wants to be and be seen. But it is a city short on one thing: space.

Space for people- from housing to pavement space is at a premium. Finding a parking spot is virtually impossible. And when you do, can be cripplingly expensive. Add on to the congestion charge for driving the capital’s streets, and you can see how expensive it can be.

But, you may think, living miles away in the surrounding London suburbs, this may not worry you. You don’t commute into the capital, you have no congestion charge, and therefore, you are not footing this bill.

rent-your-driveway

But that empty driveway space outside your home could be worth money. Commuters park in streets and avenues around stations, blocking driveways and rights of way. We have all seen the issues that householders face. Perhaps it’s time to think differently about this problem and how you could be part of the solution.

Driveway rental = £

If you have space for one or more cars to be parked on your driveway, you could be sitting on a gold mine. Commuters are prepared to pay to park their cars in a secure spot. And you could command a fairly decent price every day of the week too.

There are various factors that affect how much you could earn…

  • Your postcode – some areas closer to the capital and/or major event centres can be lucrative and sought after parking spots
  • Proximity to station – from a 5-minute walk to a 20-minute dash, being within striking distance of a main train line station can also affect how much cash your driveway can generate
  • Driveway or garage? – from secure parking on a driveway behind a gate or, for some drivers this is an absolute must, a garage with a door can all mean big bucks
  • Tea or no tea? – sometimes, a pleasant refreshment break and a chat is also on the cards and if you can provide this, then you may be able to command an even higher price.

Make money – rent your driveway today!

There is a growing need and a pressing demand for secure, cheap off-road parking within a 50-mile radius of the capital. And this demand is set to rise as the capital carries on growing, so if you have a driveway with parking for at least one vehicle, why not sign up with an agency and rent it out?

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