Park Let helps people rent out their driveway or garage to earn extra income and motorists benefit because they pay substantially less than at more commercial car parks.
Park Let calculates the rental price of a parking space in much the same way as a residential estate agent agrees the rental price of a property with a landlord. There is usually a maximum value for a space in a particular area or postcode and other factors can influence the price too, such as proximity to facilities or congestion zones. Security is another important factor: spaces or bays with key-pad entry, electronic gates or even CCTV can demand a premium. Areas near busy town and city centres tend to be the most lucrative as do areas near busy railway stations, hospitals, schools and leisure attractions.
An online parking space price-guide tool has been launched by Park Let, the UK’s largest parking space letting agent. It is the first real-time, location-specific tool available in the UK. It is based on both current contracts and advertised spaces allowing both prospective landlords and tenants to calculate the true market value of how much parking spaces and garages are renting for today in their area. The tool is completely free to use and no site registration is required.
More Details:
http://www.survivingthecreditcrunch.org.uk/earningmoreparklet.html