Renting out your cellar, garden and even your patio: How YOU can make £1000 a week – from your house
- Tanith Carey set out to see if she could profit from her London home
- From renting out the cellar for £49 and living room for up to £250 a week
- Lots of new and inventive ways have popped up that will earn you money
And it’s no longer just your spare bedroom that can earn you money. A whole host of inventive new ways have popped up that allow you to turn a profit on every single square foot of your home.
Tanith Carey set out to see how much her ordinary London terraced house could make in just a week…
EARNS: £49 a week
One of the advantages of owning an Edwardian house is that it comes with a 25 ft cellar. But even my husband Anthony, children Lily, 14, and Clio, 11, and I don’t have enough stuff to fill it.
So I am thrilled there’s a way to make the space pay — via Stashbee, a firm that links householders who have free room with people who don’t want to pay the high prices charged by storage companies.
Stashbee co-founder Anthony Paine tells me the most frequent storers are people who want to store books or clothes while they re-decorate or who are going through a change in circumstances, such as a divorce.
Homeowners are paid by the number of storage boxes they keep per month.
In our house, we have space for three bookings totalling 45 boxes, making around £49 a week.
The inconvenience is low and the admin is done by the company. We only need meet the storers when they deliver the boxes.
This will make £2,500 a year — and all we have to do is keep our cellar clean and dry.
Earns: Up to £250 a week
I can see from the number of people with laptops blocking the seats in my local coffee shop that there is serious demand for workspace in my area.
So I turn to Spacehop, a kind of daytime Airbnb, which lets people rent out your house as office space. I can see some advantages — there will be more of a buzz around the house, and there may be someone around with some IT skills for once.
Best of all, I get paid £25 to £50 a day (depending if one or two workers come to me), which will be paid into my bank account.
Our first taker fits the bill perfectly: 25-year-old Aurelija Stankunaite, who works for digital marketing agency Incredibly. She finds coffee shops too noisy and her home too claustrophobic.
Yes, I am nervous about inviting a stranger into my house, but I will be here, and I am assured clients are vetted thoroughly.
For her part, Aurelija doesn’t need much — except the wi-fi password and access to the kettle.
At the end of her visit, Aurelija says she loves ‘the space’, but that my internet speed is slow. If it’s this easy to make money, my broadband may be ready for an upgrade.
Earns: up to £140 a week
My favourite part of my house is my 30 ft garden. But since my children are now a bit older, we spend more time admiring it than using it. So I’m thrilled to discover that a suburban garden like mine can qualify as a ‘micro-campsite’ on campinmygarden.com
Founder Victoria Webbon had the idea when she saw cars queuing for the Wimbledon tennis championships and thought how much easier it would be for people to camp in an SW19 garden.
Our garden is close to the Tube, so campers can be in Central London in 15 minutes — and, if I charge the recommended £20 for a two-person tent, it’s a big saving on hotels. On the website, there are micro-campsites in the UK everywhere from Land’s End to John O’Groats.
The website suggests asking for proof of address, such as a photo driving licence, as well as domestic bills from campers.
The first taker is TV editor Jon Pinsky, 53, who needs somewhere to stay for a month-long project. At weekends, he goes home to Exeter to see his family, but we agree he can leave his tent up.
Jon will need access to our toilet and shower, but he leaves the house before we are even awake. A month later and £500 richer, Jon packs his bags — and I haven’t even had to change a set of sheets.
EARNS: up to £50 a week
One of my most prized possessions is our white upright piano. But as only my daughter Clio ever plays it, the piano spends a lot of time silent. So I post it on RentNotBuy (rentnotbuy.co.uk).
There is no fee, so all I have to do is log in, post a picture and decide on my rate. Twenty-five pounds a day seems reasonable.
It turns out the idea and price are perfect for jazz singer Gabriella Slattery, 33, who lives down the road and wants to prepare for an upcoming gig. She says: ‘I’d love to have a real piano at my flat, but it’s just too small.’
To give Gabriella some privacy on the two days she books — and me some peace — I close all the doors and head upstairs.
I hear some tinkling of the ivories from my office, but it’s great to know the notes my piano is making are not just the musical kind.
EARNS: up to £140 a week
There has a been a big boom in one-person businesses supplying artisan-baked goods. Kitchens in well-located areas are, therefore, in growing demand.
I post pictures for free on Kitchen2Rent (kitchentorent.co.uk), which was set up four years ago. My kitchen is hardly state-of-the-art, but I am surprised to have lots of enquiries within a few days.
The best fit for us is Emilia, 32, who wants somewhere to bake cakes to sell at a nearby market.
She books our kitchen for seven days a week, four hours a day, and will pay £140 a week. We clear out a cupboard for her to use.
Despite the inconvenience, we earn a steady income — plus the odd free cupcake — and Emilia leaves the kitchen spotless.
Even Tanith’s bashed-up seven-year-old Mercedes hatchback can now coin it as a rental car
EARNS: up to £50 a day
Even my bashed-up seven-year-old Mercedes hatchback can now coin it in as a rental car.
As both my husband and I work from home, most of the time it sits outside the house.
In fact, the more basic the car the better, according to easyCar Club (carclub.easycar.com), as renters prefer knock-down prices.
My vehicle is perfect for people who only occasionally need their own wheels for a weekend break or a trip to Ikea. For a weekend, the charge is £60.03 — £39.39 comes to me, £15.25 goes on insurance and £5.39 goes to the company.
I just have to register for free, upload a profile of my car and enter the dates when it’s available.
According to the company, renters treat cars well because they know it’s private property. There is feedback on the site and drivers are vetted for points and prosecutions.
If I rent my car out regularly, I could make up to £3,000 a year.
Our first rental is to a young couple who want to pick up a friend from Heathrow Airport. As the round-trip will take less than three hours, the fee is £15. Still, it’s a start and I can see that, if we build up a regular local clientele this could be easy money.
EARNS: Up to £50 a week
We’ve all taken delivery of parcels for neighbours. So why not make a nice little income out of it?
Doddle (doddle.com), a click-and-collect service that has 50 High Street branches, is now paying people to use their homes as alternative collection points.
As I have a wide hallway and there’s usually someone at home, the ‘Doddle neighbour’ scheme seems ideal. It operates via an app, so we get notice when a package has come in and let the ‘neighbour’ know they can pick it up.
I just have to make sure I collect the package from the Doddle office and that it’s back home by the time the person visits.
Doddle ‘neighbours’ typically earn £50 a week. Of course, that does mean you have to traipse down to the High Street to fetch the parcel. But if you get into the swing of it, the company claims your income could reach £6,000 to 7,000 a year.