Rent out your spare space to make money


In recent years,several initiatives have sprung up helping you to rent out various spaces in your property. This means you could set up a regular rental income without having anyone living in your home!

Spareground.co.uk will help you rent out loft or cellar space (to be used for storage). It will also help you rent out part of your garden (as an allotment, for example) or even your garden shed.

And schemes like ParkAtMyHouse.com and ParkLet.co.uk allow you to rent out your driveway or parking space to other motorists.

Your parking space could prove particularly lucrative if you live near a popular destination, like a stadium or airport.

Pros: It's an easy way to make serious money.

Cons: You need to have the space to spare in the first place!

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