This post is sponsored by YourParkingSpace
Having an off-street automobile parking space is something that might be taken as a right: the power to park your automobile off-road at no extra charge, safely and securely in front of your private home. However, it is a highly prized luxury that 1000’s of individuals within the UK wouldn’t have, who’re forced to pay day by day or monthly fees for parking permits from local authorities or struggle to seek out a spot to park their automobile when away from home.
Also, if you’ve got an off-street parking spot, whether it is a driveway, a parking spot under an apartment block, or an off-street spot in an apartment automobile park, you might be sitting on money that you simply didn’t know was: have you ever thought of renting a automobile parking space?
In the UK last yr, the overall gross rental income for driveways was £27,279,631, with London tenants earning a median of £1,691 a yr and non-Londoners earning £874 a yr.
And the stats for chosen cities are only pretty much as good:
Parking operators within the UK have long been a formidable force, with a small handful of firms controlling a lot of the sector. With evolving customer needs and expectations, the market has shifted towards the essential digital experience that has paved the best way for emerging tech firms like YourParkingSpace to innovate on this sector.
Whether you are going to a celebration, occurring holiday or simply need a spot to work, finding a automobile parking space ought to be easy, convenient and inexpensive, and YourParkingSpace permits you to list an area and earn between £40 and £400 a month. Drivers can then find and reserve a automobile parking space.
WHAT PARKING SPACE CAN I RENT?
You can rent any form of automobile parking space you own or are authorized to lease, including:
- Parking spaces outside the road
- Residential parking
- Commercial parking
- Underground automobile park
- Suitable empty land
Whether you must rent an area 24/7 or set specific availability, YourParkingSpace’s calendar permits you to dig deeper into the settings to fulfill seasonal and event-based demand. The platform also offers parking at churches, hotels, supermarkets, retail parks, warehouses, houses, blocks of flats and even farms.
HOW MUCH CAN I EARN?
As the chosen statistics show, you may earn different amounts on renting space in numerous areas.
There are not any listing fees or ongoing maintenance fees on your listing. Listing an area on the YourParkingSpace platform is totally FREE.
YourParkingSpace adds its commission to the agreed price by taking a 20% commission on the overall price paid by the driving force. It is a hassle-free service where all driver inquiries and payments are managed by YourParkingSpace.
Space Providers are paid on the primary business day of every month and credited to bank accounts on the identical day. Contributors can decide to pay their earnings by bank transfer or via PayPal.
All earnings over £10 are paid routinely, any earnings under £10 are carried over to the following month until your balance is over £10 and eligible for automatic payment. You can request a balance below £10 to be released at any time and your account will then qualify for payment on the following payment day.
I WANT TO BOOK A PLACE
It’s easy to seek out a spot to book on YourParkingSpace.co.uk: simply seek for a destination to seek out available parking via the app or online, then easily compare nearby places based on price and distance.
You can book upfront or on demand, and the Best Price Guarantee guarantees you may all the time pay the perfect price on your parking, plus you may enjoy peace of mind knowing you may manage your parking session from anywhere through your account.
download YourParkingSpace app manage your booking from anywhere.
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