A nice little earner
YourParkingSpace.co.uk has urged lower paid workers with empty driveways to rent out their space to supplement their income.
The advice follows YourParkingSpace.co.uk research which reveals that on average householders renting out their driveways are earning just over £1,000 in a year, the same as 133 hours working on the National Living Wage at £7.50 per hour for people aged 25 or over.
The healthy £1,000 sum from driveway rentals also equates to over three weeks’ National Living Wage salary based on working eight hours a day from Monday to Friday.
YourParkingSpace.co.uk is also quick to point out that as long as the empty driveway is in a desirable location such as near to a train station, shops, local amenities or even a concert or sporting venue, then it can be a sizeable money earner, meaning that the parking goldmine is not just the reserve of the rich and those living in affluent areas.
Harrison Woods, managing director at YourParkingSpace.co.uk, said, ‘Our recent research revealed that householders in almost 30 towns and cities across the UK earned on average more than £1,000 a year by listing their empty driveway on YourParkingSpace.co.uk.