A WOMAN has revealed she turned her garage into a stylish tiny home, which she now rents out as an AirBnb, earning £2,000 a month.
two
Sarah revealed that the garage would never be used to store cars as it was “too old and run-down”, so she decided to turn it into a money-making machine.
To convert the garage, Sarah worked hard adding windows, installing a bathroom and creating the “kitchen of her dreams.”
The kitchen has elegant marble countertops, a Smeg refrigerator and elegant skylights.
She said the garage looked “dark and dreary” before, but now it has lots of natural light.
Sarah saved money on the conversion, buying things at an architectural salvage store, and decorated the spacious living room with chic purchases from Ikea.
Read more real-life stories
Her sister also painted a stunning mural in the bathroom and expanded the garage so there was room for a large bathtub.
Sarah changed almost everything in the original garage except the door, as she said it adds “character”.
However, the entire conversion still cost him £95,000 pounds.
Sarah earns around £2,000 a month from her AirBnb garage, which she has separated from the house with a fence.
She also rents the house attached to the garage, for £1,500 a month.
Sarah revealed that although converting her garage was extremely expensive, her money-saving father also converted his garage and managed to do it for just £31,000.
Her father’s garage is extremely spacious, with a large L-shaped sofa, a double bed separated from the living room by a wall, and a chic kitchen and dining area.
“I think what my dad did was the cheapest way to do it,” she said Youtuber Monica Church.
In addition to renting it out as an AirBnb, moving into your parents’ garage can also be a great way to save money for a home while maintaining your independence.
As the cost of living crisis continues to grow, more and more adults are fighting to climb the housing ladder and are choosing to live in the family home for longer.
Is it allowed to convert a garage into a bedroom?
USING average house price values from Zoopla, Admiral Loans crunched the numbers and found that each square meter of living space is worth an average of £350.
Typically, the size of a small detached garage in the UK is 128 square feet, making the additional space worth £45,000.
A standard conversion costs between £4,995 and £7,500 depending on the work you’ve carried out, according to Householdquotes.co.uk, which will obviously eat into your profits.
If the garage is attached to your house you won’t even need to pay for planning permission, which currently costs £206.
The work falls under “permitted development rules”, which allows you to make certain changes to your home, as long as they are within limits.
This is because you are not actually changing the exterior dimensions of the building.
But you will need to make an application to the local authority if your garage is separate from your house, if you live in a flat or maisonette or in a listed building.
Before starting any work, it is worth checking that there are no planning conditions associated with your property – you can do this by writing to your local authority.
If you continue with building work that actually required permission, you may be ordered to dismantle it.
The 2021 census revealed that more than half of people aged 23 and under still live with their parents.
The average house price in the UK was £285,000 in March 2023, and this rises to a staggering £735,254, which is completely unaffordable for many.
Additionally, research by the Resolution Foundation found that the average first-time buyer deposit has tripled, rising from 5% of the property price in 1989 to 15% in 2019.
This means buyers need to save for much longer and use a higher percentage of their earnings to move up the real estate ladder.
A recent survey by property website Zoopla found that 42% of adults under 40 who don’t already own a home have given up, due to the astronomical cost of buying a property.
This included 38 per cent of people earning more than £60,000 (almost double the UK average salary).
Fabulous will pay for your exclusive stories. Just email: fabulousdigital@the-sun.co.uk and put EXCLUSIVE in the subject line.
This story originally appeared on The-sun.com read the full story
