The research shows that there is currently a potential £52billion of rental income to be made in the UK from renting out spare rooms.
However, nine out ten people (92%) with a spare room still choose not to rent it out though there are 3.7million homeowners who have considered doing so.
More that a third (35%) of those who rent out a spare room do so to help out a friend or family member. A further one in five (18%) do so because they need the additional income to meet their outgoings while 17% the money to supplement their disposable income.
As a forward thinking and proactive agent, Belvoir Letting Agents in Coventry have recognised the need landlords who wish to rent out a room. We now provide a service specifically to address these needs so if you have a room to rent in Coventry, please call us on 01536 415 415 or fill in our Coventry landlords enquiry form.