Upgrade to a paid Exeter Observer subscription and get access to exclusive premium content and more

Upgrade to paid
NEWS

First Exeter “co-living” block comes on stream with rooms at £946pcm+

Even “affordable” rooms in six storey 133-unit Gladstone Road block would leave many local key workers living below minimum income threshold.

Martin Redfern

Studio rooms in a six storey 133-unit “co-living” block that is currently being built on the Gladstone Road ambulance station site are being marketed to prospective tenants.

Rents for rooms described as “classic” start at £946pcm for a six month tenancy, while those described as “deluxe” cost from £1,008pcm and “premium” rooms cost from £1,106pcm.

Small discounts are available for those who agree to twelve or eighteen month contracts.

Tenancy eligibility criteria include an annual income of at least two and a half times the rent, or a guarantor willing to take responsibility for all a tenant’s liabilities.

This means that those wanting to rent the cheapest rooms in the block must earn at least £28,380pa while an income of £33,180 is required to apply for the most expensive.

Gladstone Road ambulance station site co-living block under construction Gladstone Road ambulance station site co-living block under construction

Median annual earnings for Exeter residents in 2021, the most recent year for which figures are available, were £23,404.

Stagecoach is offering £12.76ph to new Exeter bus drivers, which the company says typically equates to around £26,000pa, a a figure which appears to include around £2,600 of overtime pay.

The starting salary for NHS nurses is £20,270 and the maximum maintenance loan for the living costs of full-time undergraduates is currently £9,706.

Subscribe to The Exeter Digest - Exeter Observer's essential free email newsletter

Your personal information will be processed and stored in accordance with our Privacy Policy

The scheme is supposed to offer 27 of its rooms at “affordable” rates, with priority given to applications from essential local workers, but it is not clear how this will work in practice and there is currently no way to apply for these rooms on the management firm’s website.

Were such rooms available, and priced at 80% of the published rates, the cheapest would still require applicants to earn at least £22,704pa.

A band three NHS nurse with at least three years experience earning £23,177 would be eligible for such a room, but they would have to spend nearly half their take home pay on rent.

This would leave them living far below the minimum income standard that Joseph Rowntree Foundation says provides an acceptable standard of living for a single adult of working age.

The Gorge co-living block classic studio room floorplan The Gorge co-living block “classic” studio room floorplan

At the same time most of the rooms in the block, which are described as “spacious”, provide much less than the minimum 37 square metres of floor space specified in national standards for a one-bed one person dwelling.

The smallest rooms measure just 18 square metres, while the average size of the rooms across the first five storeys of the building is 20 square metres.

The larger rooms on the top floor average 26.5 square metres.

The sample tenancy agreement provided by the building’s management firm also appears to allow two people to rent each room.

The minimum floor space specified in national standards for a one-bed two person dwelling is 50 square metres.

There are no restrictions on students occupying the rooms.

Independent, investigative, in the public interest

Democracy doesn't work when people don't know who is deciding what on whose behalf and what the costs and consequences of those decisions will be.

Exeter Observer is proving that reader-funded media can deliver the independent public interest journalism our local democracy needs.

Upgrade to a paid Exeter Observer subscription to support our work and get access to exclusive premium content and more.

Upgrade to paid

More stories
Exeter Energy heat plant indicative render north elevation

Exeter City Council disregards national planning policy and Environment Agency criticism to approve Riverside Valley Park flood zone heat plant plans

Five gas boilers to provide 80% of “low-to-zero carbon” Grace Road Fields plant generation capacity for distribution to institutional consumers through privately-run 13-mile underground network expected to take ten years to complete.

University of Exeter West Park redevelopment demolition block plan

West Park redevelopment demolitions to proceed to enable intrusive unexploded ordnance surveys before works can begin

Five year-old University of Exeter plans to provide 2,000 new student bedspaces in blocks up to nine storeys tall by demolishing up to 30 buildings on fifteen acre Streatham campus site about to take seismic step towards delivery.

His Majesty's Inspectorate of Constabulary Fire and Rescue Services logo

HMICFRS identifies sufficient Devon & Cornwall Police improvements to return force to routine monitoring

Inspectorate decision follows nearly three years of enhanced monitoring after force found inadequate in three of nine areas and requiring improvement in two more, but says “still work to do” in crime recording standards and investigations management.

Devon & Cornwall Police deputy chief constable Jim Colwell, previous chief constable Will Kerr and interim chief constable James Vaughan

Devon & Cornwall Police deputy chief constable Jim Colwell receives 18-month misconduct warning

Outcome of Independent Office for Police Conduct investigation delivered day before retirement of suspended chief constable Will Kerr announced, with Police and Crime Commissioner Alison Hernandez unwilling to say whether “golden handshake” agreed.

Newtown active travel scheme map

Newtown active travel scheme approved after four years of public consultations

Joint Devon County Council and Exeter City Council project includes road closure, car parking changes and contraflow Clifton Hill cycle lane.

On Our Radar
Burnet Patch Bridge spanning an eighteenth century cut in Exeter City Walls

FRIDAY 12 TO SUNDAY 21 SEPTEMBER 2025

Heritage Open Days 2025

Annual festival returns with free talks, tours and exhibitions at heritage sites in and around Exeter.

EXETER CITY CENTRE

Exeter Phoenix building

FRIDAY 12 SEPTEMBER TO SATURDAY 1 NOVEMBER 2025

Exeter Contemporary Open 2025

Annual exhibition featuring fifteen contemporary visual artists from across the UK.

EXETER PHOENIX

St Sidwell's Community Centre supper dish

SATURDAY 20 SEPTEMBER 2025

Sid’s Supper Fundraiser

Community centre hosts locally-sourced seasonal three-course meal to help improve café facilities.

ST SIDWELL'S COMMUNITY CENTRE