Homeowners can earn £100s a month from their driveway in the easiest sidehustle – how you can too

Scottish Sun

8 hours ago

It isn't just sporting events either, as some of the highest earners this year so far are music events
EASY MONEY Homeowners can earn £100s a month from their driveway in the easiest sidehustle – how you can too
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HOMEOWNERS could make easy money ahead of the new Premier League season - simply by having a driveway they're not using.
A team of experts has analysed postcodes near the nation's major stadiums to determine where householders could earn the most money by renting out their driveways to fans.
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The start of the Premier League season could be lucrative for those with an empty driveway to hand
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Homeowners living in a host of locations could earn some serious money with their driveway
Credit: Getty
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Postcodes in London, Leeds Glasgow and Cardiff could be quids in
According to Leasing Options, residents living near Tottenham Hotspur Stadium (N17) enjoy the highest earning potential, with an average daily income of £22.25 throughout the year.
Other lucrative areas include postcodes near Leeds' Elland Road Stadium, where homeowners can make £22 a day, and Chelsea's Stamford Bridge in London, offering £21.50 per day.
For those living near Wembley Stadium, the country's iconic football venue that hosts the England National Team, cup finals and events like the recent Community Shield, the earning potential is similar at £21 per day.
Likewise, residents near Scotland's Hampden Park and Wales' Cardiff City Stadium can expect to earn around £21 a day.
Further down the rankings, homeowners in Liverpool living near Anfield and Everton Stadium can still earn a respectable £13 per day, with prices often more than tripling on matchdays or during special events.
With the Premier League season kicking off this weekend, renting out an unused driveway could be one of the simplest and most effective sidehustles for homeowners looking to make some extra cash.
It isn't just sporting events either, as some of the highest earners this year so far are music events - including high-profile concerts and festivals.
These events often result in single-day earnings that surpass what would typically be made in a week - making them a particularly lucrative option for those living nearby.
At the top of the list is Oasis at Heaton Park in Manchester, where driveway rentals can fetch an average of £165.67 per day during the event.
Following closely is Beyonce's tour stop at Tottenham Hotspur Stadium in London, with homeowners earning an average of £150.26 per day during her shows.
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Similarly, the Wimbledon Championships in London provide an average earning potential of £101.08 per day for residents near the All England Tennis Club.
Other notable events include Guns N' Roses at Villa Park in Birmingham, where locals can earn £97.40 daily, and Sabrina Carpenter's concert at Hyde Park in London, which offers average earnings of £94.92.
Stadiums that can provide income opportunities year-round Tottenham Hotspur Stadium (London): £22.25/day Elland Road (Leeds): £22.00/day Stamford Bridge (London): £21.50/day Wembley Stadium (London): £21.00/day Hampden Park (Glasgow): £21.00/day Cardiff City Stadium (Cardiff): £21.00/day OVO Arena Wembley (London): £21.00/day Marshall Arena (Milton Keynes): £15.00/day Anfield (Liverpool): £13.00/day Everton Stadium (Liverpool): £13.00/day
Leasing Options analysed data from JustPark to identify the UK's most profitable areas for driveway rentals.
The study focused on over 25 major cities and key 2025 events, mapping more than 750 postcode districts using public data.
Commercial listings were excluded, location accuracy was verified and districts with insufficient data were removed, leaving over 550 reliable areas.
Median weekday and weekend rates were averaged to calculate daily earning potential, while event-day prices were separately assessed for major fixtures.
Commenting on the data, Mike Thompson, Chief Executive Officer at Leasing Options, said: 'With demand for event parking soaring across the UK, it's clear that homeowners have a real opportunity to turn their unused driveways into a valuable source of extra income.
'Our data shows that locations near major stadiums like Tottenham Hotspur, Elland Road and Wembley consistently attract high rental prices.
'During big-name events, these figures can more than triple.
"It's a smart, low-effort way for people to benefit from the buzz around them, especially in areas where parking is at a premium.
'As we look ahead to a packed 2025 event calendar, the potential for driveway rentals is only set to grow."
How to rent out your driveway
For those interested in turning their unused driveway into a steady source of income, there are a handful of steps you can follow.
Check Eligibility - Review your mortgage or lease agreement to ensure renting out your driveway is allowed, and also check with your local council to confirm you don't need planning permission.
Choose a Platform - Platforms like JustPark, YourParkingSpace and ParkOnMyDrive make it easy to list your driveway.
You can sign up, create a profile and provide details about your parking space, such as dimensions, location and availability.
Set Your Price - Research current rates in your area using the platform's tools or by browsing other listings.
You can even adjust the price for special events or peak times to maximise earnings.
Add Photos and a Description - Make sure upload clear photos of your driveway and write a good description, highlighting features such as proximity to venues, security and ease of access.
Manage Bookings - Set your availability for weekdays, weekends or specific dates. Also use the platform's booking system to approve requests and communicate with renters.
Ensure Insurance - Consider public liability insurance to cover accidents or damages while someone is using your driveway.
Track Your Income - You must keep records of your earnings and remember that if they exceed £1,000 annually, you'll need to declare them to HMRC under the Property Income Allowance.
This comes as Sun Motors recently looked at the family motors that lose the least value over time - with a luxury compact SUV taking the top spot.
New data from the analysis of 40 million UK car sales over a typical three-year ownership period highlights which family models hold their value best.
Experts from Carmoola have recently released their new Car Depreciation Index, developed with vehicle data specialists Brego, which ranks the top-performing family cars for resale value.
They found that the Porsche Macan is the slowest-depreciating family car sold in the UK - losing just 19.9% of its value over three years.
The Macan is particularly popular in the UK due to its blend of sporty performance, SUV practicality and the prestige of the Porsche badge.
It's championed for being agile and powerful, with a well-tuned suspension that makes it enjoyable to drive on various UK roads, from city streets to country lanes.