Make Money Renting Storage

Affordable storage is hard to come by.

For most Britons, moving to a home with extra storage space is simply not a viable choice.

And yet, people keep acquiring stuff that they need storage space for.

Enter storage space renting.

If your kids have flown the nest and you find yourself with more space than you need, or maybe you simply fancy boosting your bank account balance, then renting out storage space could be a brilliant solution.

Mostly, people need a little bit of storage space for a short period, like when camping or out on vacation.

But there are also times when people need a lot more storage for a longer time.

There are various types of storage spaces that you can rent out:

  • Basements
  • Storage units
  • Attic space
  • Garages
  • RV pads
  • Closet spaces
  • Bedrooms

Listing Your Storage Space Online

Peer-to-peer storage rental platforms like Storemates, Stashbee and Neighbor (the Airbnb of storage space) connect people with extra space with people who need it.

You can list storage space for free, respond to rental inquiries, rent out and make money. Perks include payment guarantees and the freedom to pick renters based on your personal preferences.

Steps to renting out your storage space:

  1. Identify the right platform for your storage space.
  2. Sign up by filling in your physical address, confirming your phone number and creating a password. Your address will only be shared with renters you approve.
  3. Create a listing.
  • Select the type of storage you want to rent out.
  • Input accurate measurements of the space. If there are special features like smoke detectors, security cameras, or climate-controlled, be sure to mention them.
  • Add a few well-lit photos of your space. Landscape orientation always stands out for these types of listings.
  • Set your price or use the recommended list price from the site’s algorithm.
  • Decide when renters can access your space (business hours, 24/7, or by appointment only).
  • When you feel good about your listing, go ahead and publish it yourself.
  1. Potential tenants can chat with you once your listing is live.
  2. After reviewing their profile and reaching an agreement, the tenant can rent the space. You can make arrangements as to how they will access your space and start using it.
  3. The tenant’s credit card will be charged automatically and the money deposited into your account. A payment guarantee protects all bookings.
  4. If there’s a need to take out the belongings, you (the host) or the tenant should give at least a month’s notice.

Things to Consider Before Renting out Storage Space

Before you rent out space, it’s advisable to check with your mortgage provider and insurance company (if you have one) to ensure they are happy with this arrangement.

Tenants cannot store illegal drugs, firearms, waste, hazardous items, stolen goods or perishable foods. It’s your duty as the host to ensure that these requirements are met.

Every income-earning opportunity comes with its own unique risks. When you rent out storage space, there’s always the risk of defaulters or renters damaging your property. Luckily, storage renting apps have a renters’ guarantee that protects you from these scenarios.

Before picking one company over another, conduct your due diligence. This includes scrutinising the company’s procedures, policies and user experiences.

How much you will earn will be determined by your location and the kind of space you have.

To sustain themselves as a business, bookings have a service fee. Don’t worry; it’s totally free to list your storage space. The company includes the fee in the rental charge paid by the renter.


There seems to be an ever-growing need for storage space in most countries, including he UK.

If you don’t fancy letting strangers into your house, how about renting out storage space instead?

Yes, these companies take a cut in your earnings, but they also do lots of the legwork, so you don’t have to. Once the belongings are stored securely, you have nothing to worry about.

Having visitors is also a fun way of meeting new people – and even making new friends.

Happy renting!

The information provided in this article is opinion and is for informational purposes only. It is not intended to be and should not be construed as investment advice. Seek a licensed financial professional if you are in need of investment guidance.

The information provided in this document is an opinion and is for informational purposes only. It is not intended to be and should not be construed as investment advice. Seek a licensed professional if you are in need of investment or financial guidance.

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Dominic Matteo is a Scottish former professional footballer who played as a defender and midfielder in a 17-year professional career from 1992 to 2009. He made a total of 366 league and cup appearances, of which 276 were in the Premier League. He was scouted by Kenneth Dalglish as a 9-year-old boy playing in Southport and went on to enjoy a 16-year tenure at Liverpool FC before joining Leeds United as their captain.

Dominic was diagnosed with a rare brain tumour in 2019, after lifesaving brain surgery and months of radiotherapy he is now raising awareness and funds to help others through his own charitable foundation Ahead of The Game, which he co-founded with fellow brain cancer survivor Dave Bolton.

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Matthew has 15 years experience in the real estate sector working with developers, agents and investors – both on the client and delivery side. Matthew has vast experience in sourcing development sites with and without planning, or sites with capacity for planning gain – both on and off market and across the UK. Matthew has developed a reputation for being able to add value to existing sites with consent by improving unit mix, optimising unit plans and delivering additional capacity on both surplus and under utilised land. Having been involved in the acquisition, development and sales functions for a number of developers (both regional and national), Matthew has an acute understanding of the complexities of the development process and how to unlock access to additional revenue streams (entry and exit), complex financial modelling and exit strategy planning to meet, and improve upon, required financial returns.

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Following a successful career in corporate IT for several multinational enterprises, responsible for             multi- million pound infrastructure projects, Roger brings real-world experience of IT Technical Architecture, Networks & Security, and Systems Design to CurveBlock. Since 2004 Roger has been a property investor. In addition to this he founded a successful business in 2015, gaining useful experience in finance, marketing and other business skills. He is passionate about crypto and the many use cases and efficiency benefits it brings.

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Joey has many years of business management experience building successful teams and companies. Joey is also a Former Registered Investment Adviser with 37 agents geographically dispersed, and has built business from $0-$50M+ portfolios. This experience gave Joey deep understanding and knowledge within the Securities Compliance Arena. Working in the computing space for the last 10 year, and blockchain since 2016, Joey connects quickly with any target market and communicates well with all parties and publicly, which will have a substantial impact for CurveBlock around the world. Certificate of education in Blockchain and Digital Equity from University of Nicosia.

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With over 29 years construction industry experience, not only within the real estate development market but also other development sectors such as Commercial, Industrial & Agricultural developments. Along with Gary’s extensive construction experience & knowledge he’s also deeply involved in the world of Blockchain. Successfully scaled one of Europe’s largest building materials manufactories over 4000% leading to a private equity buyout during 2016.