Packhood is the peer-to-peer marketplace for storage & parking — book space from local hosts, or earn from the space you already have. Verified hosts, renter guarantee, cancel any month.
Make Money From a Spare Room in SE23 (2026)
A spare room in SE23 is the most under-used asset in the house. You can earn from it three ways: a lodger (most income, least privacy), Airbnb (more income, real work and rules), or storage (steady £69/month, £828/year, and nobody sets foot in your home). For people who want income without changing how they live, storage wins — here's the honest comparison. This guide is specific to the SE23 area (South East London). Victorian terraces with rear extensions often have outbuildings or garages. Peckham and Lewisham see strong student and sharer demand. The Greenwich peninsula new-builds have minimal internal storage, driving demand to nearby hosts.
The real options in SE23, ranked honestly
No single option is best for everyone — it depends on whether you have spare time, spare capital, or spare space. Here's the honest table for SE23:
| Option | Typical return | Effort | Passivity (1–5) |
|---|---|---|---|
| High-Yield Savings Account / Cash ISA | ~£25–£100/mo on a £5,000–£20,000 balance at 4–6% AER (UK, 2024–25 rates) | Near-zero after setup — check rate every few months to switch if needed | 5 |
| Stocks / Index Funds (S&P 500, Global ETFs) | ~7–10% annualised long-run real return; ~£58–83/mo on £10,000 invested (long-run average, not guaranteed) | Near-zero with a passive index strategy (set up ISA/SIPP, buy, rebalance annually) | 5 |
| Taking in a Lodger (Rent-a-Room) | ~£500–900/mo (UK spare room, varies hugely by region; first £7,500/yr tax-free via Rent-a-Room Relief) | Ongoing: shared living (cooking around each other, bathroom scheduling, social friction) — not measurable in hours but significant lifestyle cost | 3 |
| Airbnb / Short-Let | ~£600–£900/mo net (UK average host, ~3–4 nights/wk occupancy) | 5–15 hrs (cleaning turnovers, guest comms, check-in/out, restocking) | 2 |
| Crypto / Bitcoin | Wildly variable: Bitcoin averaged +~150% in bull years, -60% to -80% in bear years | 0–20+ hrs depending on strategy (holding = near-zero; active trading = part-time job) | 3 |
| Side Hustle (Dropshipping / Reselling / Print-on-Demand) | Median new side hustle earns <£200/mo in year one; top 10% reach £500–2,000+/mo | 10–30 hrs during setup and growth phase; potentially lower once established | 2 |
| Part-Time / Second Job | ~£480–£560/mo (UK, ~10 hrs/wk at minimum wage £12.21/hr, after tax/NI approx) | 10–20 hrs (the income figure above assumes 10 hrs; scale linearly) | 1 |
| Gig Economy (Uber, Deliveroo, DPD) | ~£8–£11/hr take-home after costs (UK delivery/ride-hail, variable) | As many as you work — income is directly proportional | 1 |
A second job and gig work pay reliably but only while you're working. Savings and index funds are genuinely passive but need capital you may not have spare. Airbnb and a lodger pay more from your home but cost you privacy, effort, and regulatory risk.
The option most lists miss: rent the space you already own
You're already paying for every square metre of your home in mortgage or rent, council tax and insurance — whether it earns anything or not. In SE23, that idle space is worth real money as storage:
| Rent the space you already own | Typical monthly | Annual | Effort |
|---|---|---|---|
| Rent your garage | £125/mo | £1,500/yr | List once, near-zero effort |
| Rent your spare room | £69/mo | £828/yr | List once, near-zero effort |
| Rent your driveway | £56/mo | £672/yr | List once, near-zero effort |
It's the most passive earner on this page that needs no upfront capital — just space you already have. You set the price, you approve every renter, payment is held in escrow and paid out monthly, and you can stop any time.
Keep more of it: the tax position
Property Allowance — first £1,000/year of property income (garage, driveway, parking, storage) tax-free, with no reporting needed if you stay under it. The first £1,000 of this £1500/year is covered by the Property Allowance; above that you report it and deduct either the flat £1,000 or your actual expenses. Summary, not tax advice — confirm with HMRC (gov.uk).
How it works
- List your space in about 60 seconds — photos, location, monthly price. No upfront cost.
- Approve a renter — every booking is ID-verified with payment authorised before move-in.
- Get paid monthly — funds are held in escrow and paid to your bank each month.
Start earning in SE23
Every month your spare space sits empty is income you don't get back. Listing is free and takes a minute.
Where to next
- List your space in SE23 — live in about 60 seconds, no upfront cost
- Become a Packhood host
- See what your space could earn
How much can you earn renting out your garage?
A standard single garage is one of the most sought-after storage spaces on the peer-to-peer market. Whether attached to a house or standalone, garages offer the combination renters value most: dry conditions, a lockable door, and ground-level access. If your garage is currently sitting empty or holding boxes you never open, it could be generating a meaningful side income every month.
Earnings depend on location, size, and condition. A clean, weather-tight garage in a city suburb will consistently outperform a rural unit with a leaking roof. Urban demand is driven by renters who lack storage in their own apartments, small business owners who need overflow stock space, and hobbyists storing seasonal equipment like bikes, kayaks, or ski gear.
On Packhood, hosts keep 95% of every booking. There is no lock-in: you can pause or close your listing at any time. Most garage hosts report that the actual time commitment is minimal — a few minutes to respond to enquiries and the occasional key handover.
The figures below are indicative monthly averages drawn from our live marketplace data. Your actual earnings will depend on your specific location, the condition of the space, and how competitively you price it.
Typical monthly earnings: €80–€150/month (midpoint €115). Hosts keep 95% of every booking.
Tips to maximise your earnings
- Clear the space completely before photographing. Even a broom leaning against the wall makes a garage feel smaller than it is. Renters book based on perceived usable floor area.
- Install a battery-powered LED light if your garage has no electrical supply. A bright, well-lit space photographs better and reassures renters about access at dusk.
- Price 10-15% below the nearest self-storage unit of equivalent size. Renters choose peer-to-peer storage primarily on value; make the comparison obvious in your listing description.
- Offer flexible access hours. Hosts who allow weekend and evening access earn on average 20% more than those who restrict to business hours only.
- Respond to enquiries within two hours. Our data shows that the first host to reply secures the booking in over 70% of cases.
- Add a padlock hasp if there is not one already. The cost is under €20 and it lets renters use their own lock, which is the single most-requested feature in garage listings.
- Mention nearby transport links and parking in your listing description. Many renters choose storage close to their commute so they can drop off or collect items on the way to work.
Common host questions
What if a renter damages my garage? Packhood provides a host guarantee that covers accidental damage to the structure and fittings of your listed space. You should document the condition of your garage with dated photos before the first renter moves in. In the unlikely event of damage, you file a claim through the platform with supporting photos, and the resolution team reviews it within 48 hours. In practice, damage claims on garage listings are rare — fewer than 1 in 200 bookings.
I am worried about strangers knowing where I live. Your exact address is only shared with a renter after they have completed booking and passed Packhood's ID verification through Stripe Connect. Your listing shows an approximate location (to the nearest 500 metres) until that point. You can also communicate with renters entirely through the platform's messaging system without sharing personal contact details.
Will this affect my home insurance? Most standard home insurance policies do not explicitly cover renting out a garage for third-party storage. We recommend informing your insurer that you are listing space on a peer-to-peer platform. Many insurers will note it on your policy at no extra cost; some may charge a small premium. Packhood's host guarantee is supplementary and does not replace your own buildings insurance.
Can I cancel if I need the space back? Yes. Packhood allows hosts to give 30 days' notice on monthly bookings. There is no penalty for ending a listing, though we encourage giving renters reasonable time to find alternative storage. If you anticipate needing the space for a specific period (e.g. over Christmas), you can block out dates in your availability calendar in advance.
Host story: Joris van der Berg in Amsterdam
Joris lives in a canal-side apartment in de Pijp but owns a garage box in Amsterdam-West that came with the apartment purchase. He has never owned a car. For years the garage held nothing but an old bicycle and some paint cans. He cleared it out and listed on Packhood. A young couple expecting their first child booked it to store furniture they needed to clear from their apartment to make space for the nursery. "They stayed eight months, then a musician took over to store amplifiers and a drum kit. Amsterdam apartments have no storage. The demand is constant. I have not had a single vacant week in fourteen months."
Joris van der Berg earns €155/month from their garage on Packhood.
Storage demand in June
June carries May's momentum but swaps the cast. The graduation caps go up, the academic year formally ends, and a fresh cohort of graduates walks straight into the "what next" question — many storing their belongings while they travel, start an internship, or hunt for that first professional flat. Latecomers who left storage until now find themselves scrapping over what is left, often accepting a longer drive to a space that is further out than they would like. The lesson every June teaches is the same one the early bookers already learned in March.
The Irish Leaving Certificate and UK A-levels and GCSEs begin in June, creating a secondary education-linked storage pattern. Families converting a teenager's bedroom into a study or guest room during the exam period store childhood furniture and accumulated items. In the Netherlands, the eindexamens (final exams) in early June trigger similar household reshuffles.
June is prime wedding season in all three markets. Couples, venues, and wedding planners rely on storage for everything from chair covers to centrepieces. Venue-adjacent garage and warehouse bookings spike on Thursday-to-Monday cycles as weekend weddings turn over.
The summer property market remains robust, and with schools about to break up, families with children target June for completing house moves before the holiday disruption. Removals companies report their busiest weeks of the year in mid-to-late June.
What people store and retrieve in June
- Graduate transition storage — Newly graduated students store university belongings while job-hunting, travelling, or moving between cities. Typical booking: 3-6 months, 3-5 m².
- Last-minute student move-out — Students who missed the May window pay premium rates for whatever space remains near campus. Off-peak alternatives 15-20 minutes away offer savings.
- Wedding season peak storage — Full-service wedding storage: dresses, suits, decorations, gifts, photographer equipment, and catering supplies. Short-term bookings with weekend access required.
- Summer holiday preparation — Families store bicycles, garden equipment, and non-travel items to secure their home while on extended holiday. Security-conscious renters prefer indoor, lockable spaces.
- School year-end clear-out — End-of-year school projects, art supplies, sports equipment, and textbooks come home and often go straight to storage while families decide what to keep.
- Summer camp equipment — Youth organisations and summer camp operators retrieve bulk equipment — tents, sports gear, craft supplies — from winter storage.
- Home renovation peak — With reliable weather and long days, major renovation projects (extensions, loft conversions, kitchen refits) hit their stride. Contents of entire rooms shift to temporary storage.
Storage tips for June
- Graduates: if you are taking a gap year or travelling, book your storage now for the full duration. Pre-paying 6 months upfront often earns a 15-20% discount compared to month-to-month.
- Wedding couples: confirm your storage space has ground-floor, drive-up access. Carrying 50 chair covers up three flights of stairs on a Saturday morning is not how you want to start your wedding day.
- If you are going on an extended summer holiday, remove all perishable items from your storage space. Even sealed containers can attract pests in warm weather.
- Families moving before school breaks up: pack children's rooms last and unpack them first. A familiar bedroom setup in the new house makes the transition smoother for everyone.
- Hosts: this is your highest-earning quarter. If you have unused space that you have been thinking about listing, June demand guarantees fast bookings.
Key dates driving storage demand
- June bank holiday (first Monday) — moving weekend and home project completion
- Leaving Certificate exams begin (early June) — household reorganisation around exam schedules
- University graduation ceremonies — Trinity, UCD, UCC, NUIG graduations trigger move-outs
- Bloomsday (16 June) — cultural events in Dublin require temporary event storage
End-of-Year Student Storage Solutions
The end of the academic year creates the single largest concentrated storage demand event in the calendar. Across Ireland, the UK, and the Netherlands, hundreds of thousands of students vacate accommodation within a 2-3 week window in May and June. International students who cannot ship belongings home face the starkest choice: pay for a flight and excess baggage, or store everything locally for €40-60/month and retrieve it in September. Domestic students moving between houses or heading home for summer encounter the same equation — transporting a room's worth of belongings across the country costs more than three months of Packhood storage. The practical approach is to start packing non-essential items from April, moving them to your Packhood space gradually rather than cramming everything into a single panicked day. Book your space by early April for the best rates and closest proximity to campus. Label every box clearly (photographs help) and create a simple inventory list shared with your Packhood host. When September arrives, you will know exactly what you have and where it is — a significant advantage over the students who stuffed unlabelled bin bags into their parents' attic.
Bridging the Summer Gap: Student Storage Between Leases
The gap between academic-year leases is one of the most stressful periods for students in Dublin, London, and Amsterdam. Your current lease ends in June, your new house-share does not start until September, and you have three months of belongings that need to go somewhere. Traditional self-storage companies target this desperation with minimum-term contracts and hidden fees. Packhood offers a more honest alternative. A standard student storage need — 3-5 m² for books, clothes, bedding, kitchenware, and a few pieces of furniture — costs €40-70/month in Dublin, £35-65/month in London, or €35-60/month in Amsterdam, with no admin fees, no padlock charges, and no forced insurance upsells. The ideal approach is to agree your September accommodation first, then book storage close to your new address rather than your old one. That way, move-in day involves a short trip from your Packhood space to your new front door, not a cross-city logistics exercise. Ask your host about holding deliveries — some will accept packages on your behalf over summer, so you can order that new desk or kitchen kit in August and collect everything in one go.
Frequently asked questions about storage in South East London
These answers apply to storage with Packhood in and around South East London.
Can I store a camper van or converted van on Packhood?
Yes, but check the height clearance. Standard garages are 2.1 m — most camper vans need 2.5-3.2 m. Large driveways, barn conversions and commercial units handle tall vehicles. Confirm dimensions with the host before booking. Drain fresh water and waste tanks, disconnect gas and leave a window cracked for ventilation.
Can two households share a single storage space on Packhood?
Yes, but only one booking is needed. List one person as the primary renter and add the second person's details in the message thread. Divide the space clearly (use tape lines or separate shelving sections) and split the cost privately. Both parties should have the host's access details.
How do I store comic books and rare books?
Bag and board individual issues in Mylar sleeves. Store upright in acid-free comic boxes. Temperature should stay between 15-21°C with 35-50% humidity. Light exposure fades covers, so choose a dark space. Spare rooms and basements on Packhood are ideal. A single long box holds 250-300 comics and takes up 0.4 x 0.2 m of floor space.
Is there Packhood storage near TU Dublin, UCD, or Trinity?
Yes. Dublin has the highest density of Packhood listings in Ireland. Areas within 2 km of UCD (Donnybrook, Clonskeagh), Trinity (Dublin 2) and TU Dublin (Grangegorman, Smithfield) regularly have 15-30 available spaces. Search by your campus postcode and filter by price to find options from €55/month.
How often should I check on a vehicle in long-term storage?
Ideally every 4-6 weeks. Run the engine for 15 minutes to circulate fluids and charge the battery. Check tyre pressures, look for leaks, and inspect for rodent activity. If you can't visit, ask the host or a friend — many Packhood hosts are happy to do a quick visual check as a courtesy.
Can I use Packhood for e-commerce inventory storage?
Yes — hundreds of Etsy, eBay, Shopify and Amazon FBM sellers use Packhood for overflow stock. A standard garage holds 200-400 shoe-box-sized parcels. Filter for spaces with drive-up access and flexible hours so you can fulfil orders daily. At €85/month average, it is 50-70% cheaper than commercial fulfilment warehouse space.
How does storage help when downsizing or retiring?
Downsizing often means parting with a larger home before deciding what to keep. A Packhood space lets you store furniture, keepsakes and heirlooms while you settle into a smaller property. Month-to-month terms mean no pressure — take 3-6 months to sort through belongings. Many retirees use a nearby garage or spare room at €70-120/month.
How Packhood pricing works for hosts
What a space earns in South East London depends on its type, size, access and location. You set your own monthly price; verified neighbour storage in South East London typically lists at €35–€200/month, and demand is strongest for dry, easy-access space close to where people live.
What you keep: The price you set is the all-in monthly price the renter pays. Hosts keep 95% — Packhood's 5% host commission is the only deduction. No listing fees, no admin charges, no insurance upsells.
Host Guarantee: Every booking includes up to €300 of Host Guarantee protection per booking. Every renter is ID-verified through Stripe Identity, and you can message them before accepting a booking to ask questions and agree access.
Ready to earn from your space in South East London?
Hosts: List your unused space → — free to list, keep 95% of every booking, first booking in 6-14 days.
Looking for storage instead? Browse available spaces → — verified hosts, month-to-month.