Renting Out Your Driveway: Everything You Need To Know
Do you have a driveway or a parking spot that goes unused? Then you’re currently sitting on an easy way to make over £1,000 a year.
Rental services like Stashbee have made it incredibly quick and easy to earn extra income from your driveway or parking spot - by renting it out to people who need car parking space.
In this article, we're going to explore the benefits of renting out your driveway; from the extra income you can earn, to the convenience and flexibility it provides. By the end of this article, you'll have a better understanding of why driveway rental services like Stashbee are gaining popularity and how you can get involved.
How much can I earn from renting out my driveway?
If you have a driveway or a parking space that you're not using all the time, driveway sharing is an easy and reliable way to make some extra cash. This is where driveway rental services like Stashbee come in - they connect parking space owners with people looking for a place to park.
One of the main benefits of driveway rental is the extra income it provides:
Earn extra money: Depending on your location, you can earn anywhere from a few pounds per day to several hundreds of pounds per month. You can check how much you could earn in your local area here.
Low effort: It takes less than 5 minutes to list your space on Stashbee, and you don't even need photos (although it's encouraged!). Not only that, but the website works automatically to keep your space rented out, so you don't have down time from earning. Once you’ve set up your listing, you can relax and let the cash roll in.
Flexible rental terms: You can control when and for how long to rent out your driveway, by setting a minimum and maximum rental period. You can even specify certain days or times when you want to keep the space free.
Need to find parking? Stashbee has a special offer for Motoreasy customers: £20 to spend on parking! You can claim this offer here.
Is it easy to rent out my parking spot?
Renting out your parking space is really easy! Here's some of the ways Stashbee takes the pain out of the process:
No need to think about price: Stashbee gathers the prices of thousands of other parking spaces to suggest the best price for your space. You can set your own price if you prefer.
No experience necessary: Unlike other side hustles that require specific skills or experience, anyone can rent out their driveway. All you need is a driveway or parking space, and you're good to go.
There's no need for a car: You don't need to own a car to rent out your driveway - all you need is a space where someone else could park.
You can read more about parking space rental here.
“It took a couple of minutes to get set up, and then I had a booking by the weekend!”
Suha, Parking Host
Is it safe to rent out my parking space?
Stashbee have a lot of measures in place to make sure renting out your parking space is safe and secure.
Automatic, Guaranteed Payments: Stashbee's website takes care of all the payments hassle, and also makes sure that you get paid on time even if your renter is a bit late paying their parking bill.
Car registration: Everyone who parks with Stashbee has to register their number plate, so you know exactly which car to expect outside your house.
FOBs, keys and access codes: Stashbee allows you to easily handle all different kinds of access restrictions to your parking space. You can collect and hold a Key Deposit via Stashbee too, if you like.
Need to find parking? Stashbee has a special offer for Motoreasy customers: £20 to spend on parking! You can claim this offer here.
Is parking spot sharing environmentally friendly?
Parking space sharing helps the environment in lots of ways:
1. Reduces the number of cars on the road: By renting out your driveway, you are helping to reduce congestion on the roads, which is a major source of carbon emissions.
2. More sustainable transport: Drivers who rent out space for parking are more likely to use public transportation or cycle, rather than owning a car.
3. Making the most of unused space: Renting out parking space that is empty and unused means that there is less need to build new multi-story parking facilities, which are highly polluting to construct.
4. Less time searching: Platforms like Stashbee have spaces in almost every postcode, which means drivers can find a parking spot quickly rather than driving in circles searching for a spot for ages!
If you want to help reduce the environmental impact of transportation, and earn passive income at the same time, see how easy it is to get started here.
Need to find parking? Stashbee has a special offer for Motoreasy customers: £20 to spend on parking! You can claim this offer here.
