How I have made over £15,000 from renting out my parking space

In July 2014, I wrote about how I earn money from JustPark, to rent out a space that lies empty on my drive. Back then I had earned £712 over a year, but that has increased and this is where I am today at £15,770 since I started in 2013.

The parking space has done so well that I decided to pave the tiny bit of overgrown weed-filled “lawn” next to it, put in proper drainage, and now also rent that out, so increasing my earning potential.

The paving over was expensive – £3,200 – but I will earn that back in under two years, so the investment is worth it.

If you are considering renting out your space, great locations are near stations, tube stops, town centres, airports, stadia and business parks. Parking …