50 ways to make money 31-40: How to make money from your home

house made of cash

Homeowners could net a small fortune by renting out a spare room 

Follow our 10 tips to finding alternative ways to make your house pay.

31. Rent out your spare room

One of the more obvious ways to make money from your home is to rent out a spare room. According to the government's Rent-a-Room scheme, you could earn up to £4,250 a year tax-free by getting a lodger. 

You can register your room for free on sites such as Easyroommate and Spareroom

Your spare room will need to be furnished and you'll need to get a tenancy agreement in place. 

Go further: Rent-a-room - more information about the tax relief scheme

32. Event renting

If you live close to a sporting or festival venue, you could cash in by renting your home out to fans or even participants. Edinburgh and Glastonbury festivals, as well as events at Wimbledon and Henley could all provide such opportunities.

33. Advertise on your car

If you don't mind driving around with a logo on your bonnet, you can make money by advertising on your car. You could make hundreds of pounds a month through websites like supercarads.co.uk 

Go further: How to save money on motoring - a host of tips to help reduce your motoring costs

Host a foreign student

Make money from an empty room by renting to a foreign student

34. Host a foreign student

Another great way of making use - and money - out of an empty room is by renting out to foreign students needing a place to stay. Students could stay for a couple of days or up to a year, depending on the length of their course. You can expect to earn around £100 a week for a standard room. 

Go further: Landlord responsibilities - a round-up of the duties that landlords need to fulfil

35. Rent out your home for films

Fancy your home as a film star? You could rent it out to film or TV production companies. Registration tends to be free, though you may have to pay a commission of the total location hire fee - see sites like AmazingSpace for more. 

Most demand is for large houses with big rooms and plenty of good parking, though all types of property are sought, from contemporary conversions to classic period homes.

36. Photo-shoots from your home

As with films and TV, renting out your home for photo-shoots could be a great source of extra cash. Though it can be inconvenient having a big crew in your house, if you get a shoot that lasts over a day you could hit the jackpot - anything from £500 to £1,000 and more.

Magazine companies are always on the lookout for places to feature as backdrops for photo-shoots - see sites like Beach Studios and Location Works for information and to register your home.

37. House swapping 

While this technically won't earn you money, swapping your property with someone else's could save you hundreds of pounds on expensive hotel accommodation.

Check out international home exchange services Intervac, HomeLink and HomeForExchange for more information on swapping with other homeowners across the world. 

38. Make money from your driveway

Listing your driveway or garage on sites like ParkatmyHouse and YourParkingSpace could earn you cash from motorists needing a place to park. You decide what to charge, with the going rate depending on location, demand and facilities, such as lighting and security.

Register your space for free and you could earn anything from £50 to £300 a month.

Start a smallholding from home

You could grow and sell your own plants and vegetables from home

39. Set up a smallholding

If you have a large and unused garden you could put it to work by setting up your own smallholding. 

You can grow your own plants and vegetables, or keep chickens, selling your home-grown produce at local shops, markets or simply from home.

Go further: How to get an allotment - our guide explains it all 

40. Have a garage sale

Clear out your home and reap the rewards by having a garage sale. Make sure to check the weather forecast in advance and post flyers with your address and a map, enticing potential buyers with homemade lemonade and cake.

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