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Tuesday, June 02, 2009

Landlords Can Make Extra Money From Renting Parking Spaces


For landlords been squeezed by the credit crunch all avenues need to be explored to seek out added revenue.

Have any of your rental properties got space for parking that is not been utilised?

If so this could bring in some further rental revenue.

London parking spaces are achieving rentals as high as £538 a month.

'If you own a property or even rent a property and are not using the driveway or allocated parking, it really does pay to let it out." reports Luke Kelly, managing director, Park Let,

Park Let is a website that allows owners to advertise parking spaces for Free and then charges a 15% commission on the rent to manage the tenancy of the parking space.

What have landlords got to lose?

Visit the Park Let website.

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