If you’re planning a house move, there’s some good news – house prices are predicted to rise by more than 6 per cent, according to Barclays Bank.
Perhaps unsurprisingly, London is leading the charge with an anticipated 12 per cent growth over the next four years. But Northern towns, cities and villages
are expected to see prices rise too due to increasing employment opportunities and the rise of the entrepreneur.
However, of course, if the property you’re selling is rising by several per cent, so is the property you’re purchasing. So, although buying a bigger property is a good investment, it’s not going to free up any cash in the short term.
But, if you wanted to make some money from your home, without having to sell it, what are your options?
- Rent out a room – If you have a spare room, maybe consider a lodger
- Study haven – contact a local university and see if they are looking for rooms to advertise to students who need somewhere to live in term time. International students in particular can often be looking for a single room to rent.
- Holiday home – With Airbnb you can let a room or your whole home to holidaymakers looking to explore the local area.
- Lights, camera, action – film crews are always looking for new shoot locations, particularly if your home is quite unusual, a period property or has plenty of space. Magazines also look for interesting and beautiful homes, especially with impressive kitchens, for photoshoots. See this article in the Telegraph for more advice on how to get your property in print, or on the big or small screen.
All of these ways of making some money have something in common. You’re probably going to need to declutter!
If your spare room is a magnet for junk and stuff that doesn’t have anywhere particular to live, you will need to have a good clear out before you consider letting a spare room to a student or lodger, so that just the furniture remains. Similarly, if you want to let out a room, or indeed your whole house, as a holiday home, it’s best to look around with fresh eyes. Holidaymakers will want somewhere to unpack their suitcase, and a clean, neutral look will be much more appealing to someone wanting to relax and unwind.
That’s where self storage comes in! Rather than cluttering up other areas of your home, why not take your cleared up clutter to a self storage unit? At McCarthy’s we have storage units ranging from the size of a phone box to a tennis court. Plenty of room for all your knick-knacks! Security is paramount, and only you have access to your unit, with the building secured by pincode entry and 24-hour CCTV monitoring. You can also get access as and when you need it, so if you’re heading on holiday and you suddenly realized you put your suitcases and summer wardrobe into storage, there’s no stressing you can’t get hold of them in a hurry.
Prices start from £6 a week, so a small investment compared to the money you can make by letting out the space instead.
If you want to let your house for filming or photoshoots, you may well need to clear out even more, albeit for limited time periods. Have no fear – we offer short term lets and can be flexible in terms of size to exactly suit your requirements.
So why not get in touch with us to start turning your dreams of making money on your property into a reality? And if you’d rather make the most of the rising house prices by selling up and moving on, we’d be happy to help provide a quote for a removals service. We can even help you pack up if needed!
