The growth of Airbnb and the sharing economy has made having a spare room potentially more profitable than having a roommate or lodger.

The associated growth in companies ready and willing to run that investment for you, and take away the time and money required in hands-on management, has led to a range of options – some even redesigning and furnishing your property, and ensuring 12-month rentals with 5* professional management.

Some such companies include rental business Sonder, ThirdHome – which offers house swaps with other customers, in return for lodging your own home with them, and Paris Perfect which renovates apartments just like the ones they rent out and then takes a cut of future rentals.

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