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Dr Fintan Walton, PharmaVentures’ CEO, provides monthly comment on topical biotechnology and pharmaceutical industry issues.
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Households across the UK could be making up to a whopping £38 billion a year, just by storing excess clutter to rent out a room. That equates to over £3 billion a month based on average rental incomes across the UK. It could mean an extra personal income of as much as £320 a month or £3,840 a year per household! It's time to get the junk out of the spare room to make some money, according to findings from self storage experts Big Yellow Self Storage.
More than a third (36%) of us that have a whole room in our home filled with junk and the storage company found that nearly one in three (31%) would definitely rent out a room to make money and beat the credit crunch. With recent figures showing that the rental market is continuing to flourish, it looks like some people have already cottoned onto this lucrative scheme.
Michael Holmes, one of the UK‚s leading property experts and presenter from BBC1's Trading Up, ITV's Don‚t Move Improve, UKTV Style's decluttering programme Scrubbers and the soon to air I Own Britain's Best Home, commented, the survey showed some really interesting findings and there are many more options for those looking for cash savings from storage:
In this video Michael delves a bit deeper into the survey.
Go to www.bigyellow.co.uk to find out how you can benefit from self storage.
'Don‚t Move, Improve' star Michael Holmes shows how to make your spare rooms pay!
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