People may want to use builders in Manchester to prepare a spare room for a lodger.
This is because Michael Holmes, one of the UK’s leading property experts, observed this is a great way to make extra money.
He noted with the government’s rent-a-room scheme, individuals are allowed to earn up to £4,250 tax free through this method.
Homeowners who decide to go down this route may look to revamp the space they have on offer so that it is as enticing as possible.
“Most Brits have a spare room and half of them have nothing but junk in there, it is nothing but a storage room,” Mr. Holmes stated.
He added this means there are a lot of bedrooms throughout the UK with “enormous letting potential” that people are missing out on.
The specialist – who is also the editor-in-chief of the Homebuilding & Renovating Magazine – stated individuals have to make sure their dwelling is safe before making this move.