How renting out your driveway could make you THOUSANDS this summer

If you’re looking to make some extra cash easily this summer, renting out your driveway might be the best way to do it. Thousands are already taking part and here’s how you can get involved

Newly built UK homes with cars parked in driveways.
Renting out your drive could make you thousands a year

If you have a driveway, there is a simple way to make some easy money money this year.

As the cost of living continues to rise, it is more important than ever to find new ways to earn extra income.

For anyone with a driveway or car park that sits empty most of the time, letting out to others can be the ticket to thousands of pounds a year.

You can even borrow it during your vacation and pay for the trip yourself.

Rental Your spot is quick and easy, and if you’re in a tourist hotspot or coveted location, it really is a no-brainer.

This is how you get the ball rolling when you rent out your driveway.

how much money could you make

Londoners could make over £2,000 a year renting out their driveways


(Getty Images)

Homeowners considering taking part could make up to £3,000 a year by renting out their unused driveway.

Corresponding your parking spaceparticipating households are already boasting an income increase of £1,000.

The three highest earning cities in 2021 were London, Brighton and Edinburgh, with homeowners taking in an average of £2,212, £2,059 and £1,941 respectively.

The websites that offer this service give homeowners an average of 3% commission on successfully booked parking spaces.

When you are in a popular or touristy location, high numbers quickly add up.

How to rent out your driveway

There are a few ways to join the trend, but the easiest is to sign up your parking space.

The website also promises to plant a tree for every parking space booked.

You can also use the link above to plan your next parking spot by location and date.

Alternate sides are JustPark and stashbeeboth offer similar services for those who either want to park or share their driveway.

How to set up an account

Setting up an account with YourParkingSpace, JustPark or Stashbee is easy and will only take a few moments of your time.

Essentially, all you have to do is follow the login icons, enter your details, locations, and banking details, and you’re gone.

It’s totally free to list your parking space, you just have to click on “list your parking space for free” on your parking space; “Rent a room” on JustPark and “Become a host” on StashBee.

For anyone who keeps their driveway empty or who is out and about during the summer months, it’s always nice to see some money dripping in with little effort.

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Fry Electronics Team

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