An opportunity to acquire a residential development site with full planning permission for a ten-unit scheme within a well-established area of Falmouth.

The approved scheme provides for the conversion of an existing building into four dwellings together with the construction of six new-build houses within the grounds. The new-build units extend to approximately 110 sqm each, with the overall scheme providing approximately 1,120 sqm of accommodation.

The site is situated within a popular residential setting and represents a well-balanced development opportunity combining new build housing with conversion of an existing structure.

Recent sales evidence within Falmouth supports values in excess of £4,000 per sqm for modern family housing, suggesting a Gross Development Value in the region of £4.4m–£4.6m, subject to specification and prevailing market conditions.

The site is likely to appeal to developers seeking a manageable scheme within a strong and active coastal housing market.

The site comprises an existing building together with its associated grounds, located within an established residential area of Falmouth.

Planning permission has been granted for the conversion of the existing structure into four residential units together with the construction of six new-build houses arranged across the site.

The scheme has been designed to respond to the existing building and surrounding residential context, retaining the original structure while introducing new housing within the grounds.

The site benefits from an existing access and sits within a well-defined residential setting. The topography of the land creates natural separation across parts of the site, with areas of level change addressed within the approved design.

Falmouth is one of Cornwall’s most desirable coastal towns, known for its maritime setting, sandy beaches and strong year-round economy.

The town offers a wide range of amenities including shops, restaurants, leisure facilities and a working harbour. It is also home to Falmouth University, which contributes to consistent housing demand from both owner-occupiers and the private rental market. The surrounding area provides convenient access to the town centre while offering a quieter residential environment suited to family housing.

The town is well connected via the A39 and A394, with onward links across Cornwall. Rail services provide connections to Truro and the wider rail network.

Demand for well-designed three-bedroom houses within Falmouth remains strong, particularly for modern, energy-efficient homes with parking provision.

The site benefits from full planning permission for the redevelopment to provide ten dwellings.

The approved scheme comprises the conversion of an existing building into four residential units together with the construction of six new-build houses and associated works.

Further information is available to registered buyers on request.

We are informed that mains services are available within the immediate area.

Prospective purchasers are advised to make their own enquiries with the relevant statutory service providers.

Strictly by appointment through The Land Bank Partnership.