Michael Holmes, one of the UKs leading property experts and presenter from BBC1s Trading Up, ITVs Dont Move Improve, UKTV Styles decluttering programme Scrubbers joins Shauna McCarthy as he explains how you can unlock your property's earning potential.
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!
Its 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 with a 20% rise in tenancies, it looks like some people have already cottoned onto this lucrative scheme.
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