UK households with their own driveway could be handed free £10,500

Storage expert David Mantle from Stashbee is encouraging homeowners to consider renting out their driveways and garages, revealing that they could earn up to an extra £10,500 a year. With living costs on the rise and an increased focus on making use of what we already have, one storage expert has revealed how you could make over £10,000 from renting out a space you wouldn’t expect - your garage or driveway.

Stashbee founder David Mantle is urging UK homeowners to look at their underused spaces - specifically their driveways and garages - as potential income sources. “Many people overlook their driveway or garage as a money-making asset, but with parking at a premium in towns and cities across the UK, these spaces can bring in a significant side income,” says Mantle.

David shared a breakdown of the potential monthly and yearly income for UK homeowners renting out their spaces. If you own a garage, you can earn £196 to £480 per month (Up to £5,760 annually), while if you have a driveway, you can earn £110 to £395 per month (Up to £4,740 annually).

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Combined you can earn £306 to £875 per month (Up to £10,500 annually). Mantle explained: “With so many cities facing parking shortages, there’s genuine demand for safe, reliable parking and storage, especially in cities like London where private parking or storage can cost an arm and a leg.

“It’s a win-win. You get hassle-free passive income, and someone else gets the convenience of secure parking or storage.” Stashbee is a trusted platform that connects people in need of storage or parking with those who have space to spare.

With transparent pricing, verified listings, and flexible options, Stashbee offers a secure and convenient way to find affordable storage units or parking spaces across the UK, it says.