Spare Rooms of 2012 London Olympics to Make Huge Revenue

According to a research, spare rooms of Olympic Games could be a major revenue generator with £23 million for the London households.

A survey conducted by Big Yellow Self Storage stated that 23,000 homeowners have a minimum of two bedrooms for regular usage. With the aid of Government data, calculation of figures has been done which suggest that rooms could be rented at a cost of £1,000.

Approximately 2000 property owners across the capital have found that half of them have used spare room for the purpose of storage, whereas one third of people have used spare room as bedroom once in three months.

Michael Homes, the TV property show presenter stated, “For those who don't feel comfortable sharing their home with a lodger on an ongoing basis, short lets for special events can prove highly lucrative.”

Big Yellow Self Storage’s Anthony Chenery stated, “We have definitely seen a significant rise in inquiries for short lets of smaller self storage rooms for next June, particularly in the stores closest to the key Olympics sites and with good transport links to London's top attractions.”

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