{"id":7304,"date":"2021-05-19T08:49:01","date_gmt":"2021-05-19T08:49:01","guid":{"rendered":"https:\/\/www.mouthymoney.co.uk\/?p=7304"},"modified":"2025-03-03T10:34:04","modified_gmt":"2025-03-03T10:34:04","slug":"four-ways-to-make-money-from-your-spare-space","status":"publish","type":"post","link":"https:\/\/www.mouthymoney.co.uk\/budgeting\/four-ways-to-make-money-from-your-spare-space\/","title":{"rendered":"Four ways to make money from your spare space"},"content":{"rendered":"\n
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Expert deals finder Will Pointing<\/a> suggests some ways of making cash from your extra space.<\/strong><\/p>\n\n\n\n

Space has never been at such a premium, particularly in the big cities in the UK. People are searching for limited space from spare rooms, a car-free garage or even an open parking space.<\/p>\n\n\n\n

If you are fortunate to have space you don\u2019t use, consider making some passive income and renting it out. Below are some ideas and information to help you make the plunge in to renting out your space.<\/p>\n\n\n\n

Your Questions Answered<\/a>:<\/strong> Have you got a burning money question? We want to help! We\u2019ve got a panel of experts on hand that can explain and give guidance to you for your personal finance problems. Find out how.<\/a>  <\/p><\/blockquote><\/figure>\n\n\n\n

Tips to get you started<\/h3>\n\n\n\n

Renting out space<\/a> you\u2019re not using is a a perfect way to earn fairly passive income, whether it\u2019s to help pay your mortgage, save up for upgrades or set money aside for a holiday.<\/p>\n\n\n\n

Before listing your spare space though, do a few key things to make it more marketable:<\/p>\n\n\n\n

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  1. Take some high-end photographs. Try to use a proper camera, whether that be renting one for a day or finding a friend who has one. It\u2019ll look much better than smartphone shots.<\/li>\n\n\n\n
  2. Write up a clear sales-y description. Being able to properly describe what you\u2019re selling will make a huge difference as it will be more searchable and also easier for a customer to understand.<\/li>\n\n\n\n
  3. Add a competitive price. Pricing way above what other similar sellers are offering will make your space unaffordable. Do your research and price in the right way.<\/li>\n<\/ol>\n\n\n\n

    Here are four great spaces you can rent out, and how to go about it.<\/p>\n\n\n\n