NewsUK NewsCarsThe homeowner says people use his parking space as it is close to major venuesNeil Shaw Assistant Editor (Money and Lifestyle)09:25, 29 May 2026A man says he has to park his own car in the road because strangers are using his driveway.‌But insurance account executive Satyan Dharamshi, 51, doesn't mind as he makes £2,000 a year from the arrangement. Satyan began renting his space out in December 2023 to bring in some extra income. He lives in Newham, East London, a prime location for venues like the O2 and ExCel London.‌It is also ideally situated for travelling into central London for days out, but all street parking is permit-only so visitors have limited options. Satyan purchased a reduced-price residents' parking permit for just £30-a-year, due to his car being electric, and began renting out the space for £10-a-day.‌He is now earning up to £200-a-month from the venture - making back the permit cost in three days - and has netted over £4,300 in the past two years. Satyan uses the cash from the low-maintenance side hustle to contribute to his monthly mortgage payments on his house.‌He said: "There demand all year round. The customer base is working and commuting people, plus traders, and people coming to events. Some park in the day and some at night, depending why they're here."Newham is permit parking only but it only costs me £30-a-year for the permit. It's passive. I don't do anything, except take the occasional call from people checking they've parked in the right place. It's an extra income. Everything in London is expensive, every little helps."‌Satyan realised how valuable his driveway could be for visitors in the area, who didn't own parking permits, two years ago and listed the spot on YourParkingSpace. He quickly realised demand was high, taking up to 20 bookings a month, at £10-a-day.Satyan said: "I know it's in demand and a hotspot, and I don't really drive that much anyway, I normally cycle. I don't need to meet or interact with the people, they just come and go. Nothing bad has ever happened - they are all well-behaved people.Article continues below"I do get some regulars, some traders and events people, or people involved with housing projects. It's good for them too - they get a convenient place to park close by, so they can come back to get their lunch."Choose Daily Mirror as a 'Preferred Source' on Google News for quick access to the news you value.‌the O2 ArenaHousingParking rowsParking ticketsBad ParkingCars