Britons miss out on cash in the attic – and the kitchen and garage

Britons could be missing out on an average of £460 from the sale of unused gadgets, clothes, furniture and foreign currency in their home, according to new research.

A survey of 2,000 UK adults by M60SelfStorage.co.uk has unveiled that Britons’ hoarding habits could be preventing them from receiving almost £500 in extra cash.

71% of Britons have a kitchen appliance that is collecting dust at the back of the cupboard, with smoothie makers, toastie machines and chocolate fountains among the most common cast off electronics.

64% of respondents possess DVDs they no longer want and 51% own video games that are currently unused.

46% have at least one unused mobile phone at home, while 14% admitted to owning three or more unused mobile phones.

29% also owned up to having a dormant laptop, while 23% have a television that has been sidelined in favor of a newer model.

Wardrobes were among the worst culprits, as 78% said they had unworn items of clothing hanging up at home, and a staggering 82% admitted to owning a pair of shoes that they have never worn.

Almost a quarter (24%) of Britons confessed to having leftover foreign currency at home which they had not yet exchanged.

Andy Shaw, development director at M60SelfStorage.co.uk said; “It is quite surprising to see just how much money we have tied up in unwanted and unused items around the home. Setting aside a couple of hours to sell and recycle items that have fallen out of favour could unlock a handsome amount of cash to save, spend on special occasions, or when pay day seems a distant memory.”

Just one in three (32%) said they had sold an unused item in the past 12 months, and less that a sixth (14%) has recycled an unwanted item in the past 12 months.

 However, 36% said they did not have time to sell their unused items, while 14% felt it wasn’t worth the hassle

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