Empty driveways earn homeowners more than £1,000 per year in 25 towns and cities

11 June 2020 | General

Households renting out their unused driveways to other motorists are earning more than £1,000 per year on average in 25 UK towns and cities.

The study, by online parking portal YourParkingSpace.co.uk, found that Londoners are making £2,100 per year on average, while people living in Brighton and Edinburgh are earning £1,944 and £1,896 respectively.

The cheapest location on the list was Wigan, where homeowners can still make £650 per year by listing their driveway.

Harrison Woods, managing director at YourParkingSpace.co.uk, said: “Empty driveways continue to offer a significant extra income for households the length and breadth of the UK, which is possibly even more welcome now than ever before.

“With lockdown restrictions being eased and more people returning to their workplace, plus being advised by the government to avoid public transport if possible, we expect a new surge in demand for empty driveways as motorists struggle to find places to park near their places of employment.”

This post has originally been featured in Property Wire.