Experts have revealed how homeowners could make more than £400 a year when Premier League teams like Manchester United and AFC Bournemouth play.

Data gathered by Simply Plans found that some homeowners could make hundreds of pounds every season by renting out their parking space.

Those lucky (or unlucky) enough to live near a football stadium may have a golden opportunity to make some extra cash.

A spokesperson at Simply Plans said of the research: “With everyone tightening their belts during the cost of living crisis, finding a new revenue stream can really help alleviate any stress.

Whitchurch Herald: (Canva) Experts reveal how homeowners can make money every time their local Premier League team plays(Canva) Experts reveal how homeowners can make money every time their local Premier League team plays (Image: Canva)

"As our research shows, renting out your driveway as a private parking space for the football season could provide a welcome source of income, potentially as much as £21 per matchday – or over £400 per season."

“So, when you’re weighing up what to do with the front of your home, it’s important to remember the potential profitability of installing a paved driveway.”

With all this said, here are the stadiums and fans offering the most money for a nearby parking spaces.

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Most profitable parking spaces for an average matchday according to research

The most profitable Premier League sides to live near and rent out your parking space are as follows:

1. Crystal Palace

£36.14

2. Tottenham Hotspur

£34.30

3. Aston Villa

£34.24

4. Liverpool

£28.30

5. Manchester City

£27.97

6. West Ham United

£25.94

7. Arsenal

£25.76

8. Fulham

£24.15

9. Manchester United

£21.89

10. Chelsea

£20.77

11. Nottingham Forest

£19.42

12. Brighton

£18.90

13. Newcastle United

£18.25

14. Leeds United

£17.36

15. Southampton

£14.79

16. Wolves

£14.22

17. AFC Bournemouth

£13.03

18. Everton

£11.94

19. Brentford

£11.04

20. Leicester City

£4.80

These prices are worked out at three hours with the data using the average price to rent out a driveway in 10 of the nearest spaces to each stadium.