NEWS

First Exeter “co-living” rooms advertised to let from £1,045-£1,360 per month plus council tax

£40,800 minimum salary to rent 26.5 square metre room in six storey 133-unit block, promoted as two minutes’ walk from university St Luke’s campus, requiring tenants among top 20% of Exeter earners – or with wealthy guarantors.

Martin Redfern

Exeter’s first “co-living” rooms are being advertised to let at The Gorge, a six storey 133-unit block nearing completion on Gladstone Road, at rents ranging from £1,045 to £1,360 per month.

The rents exclude council tax, which is expected to add £120 per month to their cost.

Tenant eligibility criteria for the rooms, which range in size from 18 to 26.5 square metres with a shower, toilet and galley kitchen, include an annual income of at least two and half times the rent.

This means those wanting to rent the smallest advertised rooms in the block must earn at least £31,350 per annum while an annual income of £40,800 is required to rent the largest.

The Gorge classic studio room floorplan 18 square metre “classic” studio room at The Gorge providing less than half the floor area required by national space standards for a one-bed one person dwelling

Median annual earnings for Exeter residents in 2022, the most recent year for which figures are available, were £26,324.

Only those earning among the top 20% of Exeter salaries are eligible for the block’s largest rooms – unless they can provide a guarantor who meets the earnings threshold.

Stagecoach is currently offering £14.34 per hour to qualified bus drivers with PCV licenses in Exeter. The company says this equates to £28,384 annual earnings with overtime.

The starting salary for NHS nurses is £22,383. Their pay does not meet the minimum income requirement for the cheapest advertised rooms at The Gorge until they reach band five with at least four years’ experience.

The maximum maintenance loan for the living costs of full-time undergraduates is £9,978.

The Gorge being rushed towards completion The Gorge being rushed towards completion before the university term begins

The Gorge is required to offer 27 of its rooms at “affordable” rents to essential local workers. The city council sets these rents at 80% of market rates.

Prospective applicants for these rooms are invited to apply for details: their rents have not been published.

Priced at 80% of the lowest published room rates, the cheapest would still require applicants to earn at least £25,080 per annum.

A band four NHS nurse earning £25,147 would be eligible for such a room, but they would have to spend nearly half their take home pay on rent if they became a tenant.

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.

There are no restrictions on student tenancies at the development, which is promoted as being just two minutes’ walk from the University of Exeter St Luke’s campus.


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.

More stories
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.

South West peninsula 2025 spending review road and rail investment map

Dawlish rail resilience, Exeter A379 bridge renewal and Cullompton M5 J28 schemes all shelved after spending review

Government road and rail funding announcement billed as “the biggest boost to England's transport infrastructure in a generation” largely passes Devon and Cornwall by while leaving final phase of South West Rail Resilience Programme undelivered.

Illustrative floor plan of new redevelopment proposals

New Heavitree Road police station student accommodation and “co-living” complex proposals submitted to Exeter City council

Application for full planning permission for 813-room scheme in seven blocks follows decision to reject previously-proposed 955-room scheme in two blocks which was subsequently upheld at appeal.

Change in bus passenger journey numbers 2019-20 to 2023-24 by England local transport area bar chart

National Audit Office finds decline in Devon bus passenger journey numbers among largest in country

Devon journeys down 28% – seventh from bottom across 85 areas – while journeys in Cornwall increased by more than 40%.

Danny Barnes

Danny Barnes received full £15,000 Devon County Council allowance during 2024-25

Heavitree & Whipton Barton councillor failed to sign off £14,600 community grants after attending only two of fifteen public meetings and is alleged to have worked for Scottish Labour MP Imogen Walker since shortly after last year’s general elections.

, updated

On Our Radar
Summer at the Quayside illustration

TUESDAY 29 JULY TO FRIDAY 29 AUGUST 2025

Summer at the Quayside

A month of free family activities including weaving, felting, doodling and drumming.

EXETER QUAY

Spork! summer special

THURSDAY 31 JULY TO THURSDAY 14 AUGUST 2025

Theatre in the Park

Exeter Phoenix hosts an al fresco summer theatre season featuring Shakespeare, spoken-word poetry, puppetry and physical comedy.

ROUGEMONT GARDENS

Exeter quayside farmers market vegetables

SATURDAY 16 AUGUST 2025

Quayside Farmers’ Market

Monthly market offering local produce, hand-made goods, plants, cakes and more.

EXETER QUAY