If you have a driveway, garage, or allocated parking space—especially near a train station, stadium, airport, or city centre—you might be sitting on a surprisingly lucrative asset.
Thousands of UK homeowners are earning £100–£400+ per month by renting out their parking spaces.
And the best part? It’s completely passive.
In this blog, we break down:
Platforms like ParkInMyParkingSpace.com connect homeowners with drivers who need affordable, convenient parking.
No handing over keys. No admin hassle. Just passive income on autopilot.
Here’s a breakdown of average earnings by location:
| City/Area | Avg Daily Rate | Monthly Earnings (Est.) |
| Central London (Zones 1–2) | £10–£15 | £200–£400+ |
| Greater London (Zones 3–5) | £6–£10 | £120–£300 |
| Manchester | £5–£8 | £100–£250 |
| Birmingham | £4–£7 | £80–£200 |
| Edinburgh | £6–£9 | £120–£250 |
| Liverpool | £4–£7 | £80–£180 |
| Leeds, Bristol, Oxford | £5–£9 | £100–£240 |
Top-performing hosts near airports or stadiums can earn over ÂŁ500/month during peak seasons
Check HMRC guidelines or speak to an accountant for your situation
You’re already paying council tax, upkeep, and maybe even mortgage on that space. Why not make it pay you back?
Whether you’re looking to cover rising bills, save for a holiday, or just make passive income while you sleep—renting your parking space is one of the easiest, zero-effort side hustles available in the UK.
