Do you have a spare bedroom and no idea what to do with it?

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For many homeowners, the spare room becomes the go-to storage space for everything – from winter coats to the coffee table that never got fixed to other random possessions. Usually the smallest room in the house, they can be tricky to utilise as a practical space. But with a little bit of planning and creativity, you can transform that ‘good for nothing’ room into a more purposeful and pleasant space.

If you are one of the many who have space but are unsure how best to transform it, the experts at GoodMove share their top tips on how you can make the most of your spare room.

1. An organised home office

No more awkward interruptions while you are on a call
(Image: Getty Images)

Whether it’s the hub of your business or an area for doing general paperwork, a home office can be a great way to accomplish those all-important tasks.

With the working from home hybrid model looking to become a normalised part of professional life, transforming your spare room into an office space can be a worthwhile investment for maximum productivity and efficiency.

From layout to lighting, this is your chance to customise a workspace that is unique to you and your work. For example, you could position a wide desk facing towards the window, so you can enjoy the natural light while working comfortably on your laptop or computer.

2. A peaceful retreat for guests

A dedicated room for guests is perfect if you have friends and family staying with you regularly
(Image: Getty Images)

Converting a spare room into a guest bedroom is a good option. Not only is it practical, but your friends and family will have somewhere to rest their heads when they visit. You can let your creativity flow and design a cosy space that combines comfort and luxury for a hotel-like feel. For maximum functionality, invest in a folding sofa bed so that it can be stored away when not in use.

You can also rent out this room to tourists via Airbnb to make money. Equip the space with essentials like towels and toiletries, display your home's Wi-Fi password prominently, table some food and beverage options and you are all set.

3. Rent it out

Renting out your spare room can help you make some generous cash
(Image: Getty)

With lockdown putting strain on finances for many, why not top up your income by renting out your spare room? Many young professionals choose to rent whilst saving for a mortgage, making it a savvy option for homeowners.

If you don't want to share your space full-time, look for a Monday to Friday lodger – some business people only want weekday lodgings as they return home on the weekends.

However, it is worth noting that this option isn’t suited to everyone, and you should be aware of the costs of renting out your property, even if it’s just one room. You will need to consider factors such as council tax, increased utilities, and insurance.

4. Use it as a creative studio

Deep dive into your passions and let your creative juices flow
(Image: Getty Images)

As life becomes busy, it can be hard to take time out for yourself and get into your creative zone. A solution to this is to makeover your spare room and transform it into a personal, creative space to dive deep into your passions, whether it's art, writing, music or another hobby. This creates a space for you to express yourself without the interruptions of everyday life.

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5. Relax with a home cinema

Enjoy family favourites and cinematic classics whenever you want
(Image: Getty Images)

If you are a film buff who is always hogging the TV, bring the magic of the cinema to your own home by creating the ultimate entertainment experience. Enjoy family favourites and cinematic classics without having to purchase a cinema ticket.

Creating a home cinema doesn’t have to be as taxing on the wallet as it sounds. All you need is a comfy sofa, a wall-mounted TV or projector, and surround sound.

6. Get fit with a home gym

A home gym is a much safer, comfortable and cheaper option
(Image: Getty Images)

Exercise is an essential way to maintain positive wellbeing, however, gym memberships can be expensive. Plus travelling there can take unnecessary time out of an already busy schedule. So why not invest in some space to work out within the comfort of your own home?

The extent of how far you can go with this will depend on the space you have available. Some ideas can include cardio machines, such as treadmills or bikes, as well as weight benches for building muscle.

7. A dream dressing room

A dressing room is a perfect place to store all your favourites
(Image: Getty)

If you’re still wondering what to do with a spare room and fancy transforming it into something a little more luxurious than a home office or guest bedroom, consider turning your space into a dressing room and walk-in wardrobe.

All you need is closet space, a little table with a mirror, and you will have yourself a fabulous dressing room.

Nima Ghasri, Director at GoodMove, says, “Over the past year, we seem to have a newfound appreciation for how central the home is to family life. With summer on the horizon, now really is the time to maximise excess space, whether you use it to get your creative juices flowing or boost your income to enjoy a day out with your family.”

Do you know other ways to make cash out of your spare room? Tell us in the comments section below.