Rent out your basement.
€1,680/yr on average.
Below-ground storage or cellar. Stable temperatures, low light, well-suited to long-stay items. Most basement bookings are 6–18 months at a steady monthly rate; access traffic is light.
Average annual earnings — basement
Net of Packhood's 5% host commission · paid via Stripe Connect on the 1st of every month.
What renters use basements for
Paper archives
Lawyers, accountants, photographers, freelancers store boxes of paperwork for the 7-year retention window. Predictable monthly bookings.
Wine + spirits
Stable, cool basements are ideal for hobbyist wine collections. Premium pricing in Dublin 6 / Manchester / Amsterdam Centrum.
Off-season inventory
Small ecommerce sellers store inventory in basements at half-rate vs commercial self-storage. 6–12 month bookings.
Inherited furniture
Family pieces awaiting new homes — chairs, dressers, frames. Long-stay, infrequent access.
Sports kit storage
Bikes, kayaks, ski gear, surfboards — kit that's used part of the year and needs out-of-the-way storage the rest. Typical access: monthly.
First €14,000 a year is tax-free under Rent-a-Room relief.
First €14,000/yr in qualifying rent-a-room income is tax-free.
Source: Revenue.ie ↗ · Packhood is not a tax adviser; consult an accountant if you approach the threshold.
List your basement in 12 minutes
Snap photos
Inside, outside, the access route, the lock. We auto-enhance and tag them.
Verify ID
Stripe Connect handles the KYC. Verified hosts can publish; renters trust the address is real.
Set a price
Or let Smart Pricing read 1,800+ comparables on your street and adjust weekly.
Get paid
First booking usually arrives in 6–14 days in active cities. Payments hit your bank on the 1st.
FAQ — renting out your basement
Does my basement need to be dry?
Yes — at least the rentable footprint must be dry, with no active damp or mould. The listing form asks you to disclose any damp history; honest disclosure protects you under the Host Guarantee.
What about flooding risk?
Basements in flood-zone postcodes (parts of Dublin Liffey Quays, low-lying London boroughs, Amsterdam canal-side) require explicit flood-history disclosure on the listing. Some renters opt-in; some opt-out — both are fine.
Are there access restrictions?
You set them. Most basement hosts open the door themselves at a monthly access window. If your basement requires going through the main living space, list those access rules clearly so renters know before booking.
What if my basement is communal (e.g. apartment block)?
Listing requires that the space you rent is exclusively yours. Communal cellars in apartment blocks are not eligible without freeholder consent. If you have a private cellar within a communal block, list only the private portion.
How quickly will my basement book?
Basements typically book in 4–8 weeks — slower than garages but with longer durations once booked. Premium urban basements (D2, Manchester city centre) book within days.
Ready to list your basement?
Most hosts publish their first listing in under 15 minutes.