If you’ve got a house, a flat, or even just a spare room, there’s a good chance you’re sitting on a bit of untapped income. Whether you’re looking to bring in a side hustle or just want to make the most out of the space you already have, there are plenty of ways to turn your property into a money-maker.
Rent it out short-term
If you’ve got a spare room, a second property or even a converted garage or garden room, short-term letting can bring in solid extra cash. People are always looking for places to stay, whether it’s for work, a weekend break or something longer term. The best bit is, you get to choose when it’s available. If you’re going away or just fancy a break from hosting, you can block out dates and not worry about it.
If you don’t want to do everything yourself, there are companies that can handle all the bookings, cleaning and guest stuff for you. That’s where vacation rental management comes in. They take care of the tricky bits while you get the income. Just make sure you check local rules about short-term lets, because some areas have restrictions or licence requirements.
Let out your driveway or garage
You’d be surprised how many people are happy to pay for a parking space, especially in busy towns or near train stations. If your driveway just sits there all day, why not put it to use? You can list it on apps or websites that do all the hard work for you. Same goes for a garage or lock-up. People are always after safe places to store stuff like bikes or equipment. You don’t need to do anything fancy to get started either, just a few photos and a clear description.
Offer it as a filming or photo location
This one’s a bit niche but it can really pay off. If your place has an interesting look or a unique style, it could be the perfect setting for a shoot. Production companies, photographers and influencers are often hunting for cool locations. You can list your property on specialist sites that match owners with people needing spaces for a day or two. It could be your living room in a Netflix drama or your garden in a clothing campaign. You never know.
Create a garden studio or office space
If you’ve got a bit of outdoor space, you could build a small studio or office and rent it out. Loads of people work remotely now and want somewhere quiet to get stuff done. A cosy garden office with Wi-Fi and a kettle could be exactly what someone needs. It’s not a tiny project if you’re starting from scratch, but once it’s set up, it’s low effort to keep it running. Just keep it clean, tidy and ready for use. It could bring in monthly income with very little hassle.
Host events or workshops
Got a decent sized living room, garden or even a barn? Think about using it for events. This could be anything from yoga classes to craft workshops or pop-up dinners. You don’t even need to run the events yourself. You can rent the space to someone else who wants to do that. If your place has a nice feel and enough room, it could be exactly what they’re looking for.
