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9 homes that can generate an income

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Photo: Andy Giddings
Priory Hall in Suffolk is both a family home and wedding venue, and for sale via Strutt & Parker. Photo: Andy Giddings

Whether you’re planning a change in lifestyle or looking for a side hustle to help pay the bills, it’s worth looking into the potential of earning money from your home.

Perhaps you could rent out a spare room, use an annex for holiday lets or even base a glamping business in the garden.

Alternatively, consider a move to one of these properties, as all of them are already nice little earners.

1. Swan Island, Strawberry Hill, West London, £250,000

Photo: River Homes
Part of the houseboat is used as an Airbnb. Photo: River Homes

If you dream of living on the water, this unusual home will float your boat. Moored on a community-minded private island near Twickenham, the steel-hulled houseboat includes a modern fitted kitchen, a sunny living room with a log burner, a bathroom and a double bedroom.

A further reception area on the upper deck opens on to two sunny terraces and is currently a successful Airbnb (ABNB) let with five star reviews. Suitable for cash buyers only, through River Homes.

2. Tweedsmuir, Biggar, Scottish Borders, offers over £585,000

Photo: Galbraith
This farmhouse and its land could provide several sources of income. Photo: Galbraith

Menzion Farm comprises a single-storey three-bedroom main house, a one-bedroom annex and outbuildings arranged around a courtyard, plus over 30 acres of land including paddocks and half a mile of river frontage.

Fields have been let out for grazing on short term leases, and small-scale farming, equestrian use and renting the annex are other potential sources of income. For sale as a whole or in four lots, through Galbraith Group.

Read more: 9 brilliant homes that are flooded with light

3. Corbridge, Northumberland, £600,000

Photo: Finest Properties
The house and adjoining shop are in the centre of a popular village. Photo: Finest Properties

Stone-built Tower House sits in the centre of a historic village and has three double bedrooms, two bathrooms, a kitchen/dining room and living room, all tastefully decorated in neutral tones.

There’s also a cellar, a charming courtyard garden and a small shop — currently tenanted — which is ideally positioned to attract both locals and tourists, who flock in throughout the year. Find out more from Finest Properties.

4. Fishguard, Pembrokeshire, £625,000

Photo: John Francis
Move here and you could be running your own B&B.; Photo: John Francis

The windows at the rear of this 10-bedroom house look out over the harbour and sea. Having been run as a B&B, it has a fully-equipped commercial kitchen, a bar in the lounge and plenty of parking, and the layout could be reconfigured to divide family and guest accommodation. Get in touch with John Francis.

5. Bristol, £1.8m

Photo: Fine & Country
Thanks to its two cottages, this elegant home is a proven moneyspinner. Photo: Fine & Country

Buy this grand Grade II-listed Georgian house and you’ll be able to make a decent sum of money by renting out an adjoining cottage and detached converted barn.

The fully refurbished five-bedroom main house is adorned with original features such as ornate fireplaces, sash windows and shutters, and accommodation in the other properties is flexible.