• Thu. Apr 25th, 2024

North East Connected

Hopping Across The North East From Hub To Hub

Parking on rented driveways strong across all parts of the UK

Byadmin

Sep 11, 2021 #Parking
  • Latest data reveals that demand remains strong across the UK for parking on pre-booked rented driveways
  • Homeowners from north to south, from east to west, are able to earn more than £500 per year on average by renting out their driveway to motorists needing a parking space
  • co.uk lets empty driveway owners to list their space for free

Demand for parking on rented driveways remains strong across all parts of the UK despite unprecedented times.

In fact, the latest analysis by online parking platform YourParkingSpace.co.uk reveals that homeowners across the country are making more than £500 per year on average from driveway rental, with many making significantly more.

Towards the top of the driveway money-making scale include homeowners in London, Edinburgh, Bristol, Leeds, Manchester, Cardiff and Birmingham, who are earning more than £1,000 per year on average from their empty space.

Those a little further down the money-making scale include residents of Swindon, Salford, Dudley and Gloucester, where an average annual additional income of more than £750 is being achieved from offering a driveway to rent.

Meanwhile, homeowners, including those in Dundee, Oldham, Newport and Sunderland are still making more than £600 per year on average from their empty space – once again highlighting the wide spread of towns and cities where rented driveway income is proving to be a valuable opportunity.

Harrison Woods, CEO of YourParkingSpace.co.uk, said: “It is very encouraging to see that homeowners across the UK are able to make significant sums by renting out their driveways to motorists needing somewhere to park.

“If an empty driveway, garage or off-street residential parking space is near a sport or music venue, close to the shops or to nearby public transport, then there will particularly strong demand for bookings no matter which town or city it is located in.”

For more information about YourParkingSpace.co.uk, or to list an empty driveway for free, visit www.yourparkingspace.co.uk.

By admin