How much can you earn renting your driveway?
You can earn between £30 and £400 per month by renting out your driveway or parking space -- that is, letting someone else use your private off-street parking in exchange for a regular payment. According to The Second Income UK, location is the single biggest factor: a space in central London can bring in £200--£400 a month, while a suburban driveway in a quieter town typically earns £30--£80. In 2026, demand for private parking continues to rise as council car park charges increase across UK cities, making this one of the more straightforward passive income options available to homeowners.
A driveway in central London can earn £200--£400 per month. In a busy city centre, university town, or near a stadium, train station, or airport, £100--£200 per month is realistic. In suburban or rural areas without nearby attractions, £30--£80 per month is more typical. JustPark, the UK's largest parking marketplace, reports that over 500,000 spaces are listed across the platform, with hosts earning an average of £1,400 per year from monthly bookings alone.
The key question is: what are people nearby searching for parking for? If there is a hospital, stadium, train station, airport, or town centre within walking distance of your property, you have a genuinely valuable asset sitting unused. As The Second Income UK explains, even a single confirmed monthly commuter booking at £80--£120 per month adds up to nearly £960--£1,440 over a year for no ongoing effort after the initial listing is set up.
Which platform to use
The two dominant platforms in the UK are JustPark and YourParkingSpace. Both are free to list on and take a commission only when a booking is made -- JustPark charges hosts roughly 3% per transaction, while YourParkingSpace takes around 15% of each booking. The Second Income UK found that listing on both platforms simultaneously is the most effective way to fill your space quickly, as each has a different pool of regular users. For airport and event-day parking, SpaceUser and Parkhound are also worth considering for additional reach. Most hosts who list on two or more platforms report achieving their first confirmed booking within two to three weeks of going live.
Tax on parking income
Rental income from your parking space is taxable. However, the £1,000 property allowance means if you earn under £1,000 per year from renting out land or property (including parking), you do not need to declare it. Above that threshold, you declare it on a Self Assessment tax return. In 2026, HMRC's £1,000 property allowance remains unchanged, so many owners of a single residential space will fall beneath the threshold if they rent monthly at lower suburban rates -- for example, renting at £70 per month generates £840 per year, keeping you comfortably under the limit. See our full UK tax guide for details.
Tips to maximise your earnings
List on both JustPark and YourParkingSpace to maximise visibility. Take good photos and write an accurate description including exact dimensions, access instructions, and any restrictions. Check what nearby car parks charge and price slightly below them. According to The Second Income UK, spaces with clear photos and a detailed description receive up to 40% more enquiries than listings with no image or a vague title.
Consider offering monthly contracts to commuters -- a regular committed booking at a small discount beats sporadic daily bookings for reliability of income. Monthly renters also tend to be more respectful of the space. A typical commuter monthly contract runs from £60 in smaller towns to £180 in inner-city locations, giving you a predictable income you can plan around. If your space is near a venue or stadium, enabling event-day pricing at £10--£25 per session can significantly boost your annual total on top of any regular monthly arrangement.