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Soaring demand for parking space could leave homeowners quids inBack

ParkingSpacesIf you’ve got a driveway with spaces spare, you could be renting it out for £1,400 a year!

YourParkingSpace, an online parking market place is appealing to homeowners to take advantage of a lucrative opportunity, to meet the demand for parking rentals.

The company is offering home and business owners the opportunity to generate extra income by renting out their spare car park spaces. already has 28,000 private parking spaces advertised on its website, and has revealed that demand for parking spaces is now at an all time high as people strive to save their pennies in the current market.

The company has spaces in Bristol, Leeds, Manchester and Brighton which are currently in high demand, being snapped up within minutes of being listed.

Harrison Woods, managing director at, said; “The sharing economy is revolutionising the parking business and we’re seeing more and more drivers choosing to park this way. Renting a driveway, garage or parking space is simple to do and is an excellent opportunity for home and business owners to make some extra income.”

“If your home is in a central location or close to a local amenity such as a train station, sporting venue, university or airport it’s likely to be in highest demand but there’s still potential to rent your space and make money in all parts of the UK”.

Angela Donaldson, who is renting her driveway close to Brighton train station, added; “Within 2 hours of registering I had someone interested in renting my parking space. The process has been quick and simple with excellent customer care and I’m now earning £150 per month.”

YourParkingSpace is encouraging home owners to pay attention to the growth in demand for parking and not ignore the opportunities currently available. Property owners in Manchester are currently earning as much as £1,492 a year by renting out their spare space, while residents in Brighton, Leeds and Bristol are pocketing an average of £1,300 a year.

To find out more about renting out your driveway, garage of parking space visit

Top 7 UK cities most in demand (outside of London)

  1. Bristol
  2. Manchester
  3. Leeds
  4. Brighton
  5. Edinburgh
  6. Nottingham
  7. Birmingham

Posted by Leana Kell on 07/10/2016