A Leicester driveway is worth £1,032 a year in commuter league table
Published by admin on Wed, 2011-07-13 14:19
Print this articleOwning a driveway in Leicester can earn £1,032 in rent a year from commuters looking for cheap parking, according to a new league table.
That’s actually gone up £162 from £870 in the last 3 years, according to parking space website YourParkingSpace. co.uk.
It has analysed prices of 10,000 driveways available at 6,500 locations to find the top 50 UK cities and towns.
Leicester is the 21st most lucrative area in the UK for renting a driveway.
The website helps people in major UK cities rent their empty driveways to commuters who are looking for a cheaper place to park.
Unsurprisingly London has the most expensive driveway at £2,532 a year.
Founder Charles Cridland said: “As the credit crunch has bitten commuters are desperate to cut parking costs by renting driveways, and home owners are very keen to make money by renting their drive out.
Charles added: “As people continue to feel the pinch we expect to see even more driveways being offered to hard up commuters. It’s safe and easy to do online, and a great way to make money from an asset you own that’s going to waste during the day.”
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