2026-05-29 14:05:38

A Londoner has turned his driveway into a business venture.

Satyan Dharamshi, an insurance account executive, who lives in Newham, East London, not far from The O2 and ExCel London, has revealed that he’s making around £2,000 per year just by renting his driveway space to people attending the venues.

Satyan – who began renting his driveway out in December 2023 to bring in some extra income – told the Daily Mirror newspaper: “There is demand all year round. The customer base is working and commuting people, plus traders, and people coming to events. Some park in the day and some at night, depending why they’re here.”

Satyan suggested that the venture is very low-maintenance, allowing him to make a meaningful income despite the lack of time or effort on his part.

He said: “Newham is permit parking only but it only costs me £30-a-year for the permit. It’s passive. I don’t do anything, except take the occasional call from people checking they’ve parked in the right place. It’s an extra income. Everything in London is expensive, every little helps.”

Satyan takes up to 20 bookings a month, at £10-a-day. And the homeowner is thrilled to be making so much money in such a passive way.

Satyan – who has actually earned more than £4,300 in the past two years – said: “I know it’s in demand and a hotspot, and I don’t really drive that much anyway, I normally cycle. I don’t need to meet or interact with the people, they just come and go. Nothing bad has ever happened – they are all well-behaved people.

“I do get some regulars, some traders and events people, or people involved with housing projects. It’s good for them too – they get a convenient place to park close by, so they can come back to get their lunch.”

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