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For sale
£750,000

UNIQUE DEVELOPMENT OPPORTUNITY, Falmouth, Cornwall, TR11 4NE

Studio
Ask agenttype
Freeholdtenure

Listed 31 Jul 2026 · Falmouth

How the price compares

This home£750,000
Median studio in TR11£300k3 homes listed · £407 per sq ft
Difference+150%above the area median

Key features

  • Detailed Planning Permission (ref. PA24/09830)
  • Site extends to c. 4.04 acres / 1.63 ha
  • Approved plans provide for 6 unique contemporary houses
  • Offers are invited for the freehold

About this home

THE SITE - TR11 4NG

This unique brownfield development site is positioned in an outstanding location in the harbour town of Falmouth. The land extends to a total of c. 4.04 acres (1.63 ha) and offers detailed planning approved for the development of 6 contemporary detached dwellings, designed by Lavigne Lonsdale Architects. The properties range in scale from c. 821sqft (2 bed) to 2056 sqft (4 bed), with a total GIA extending to c. 830sqm/8939sqft). There are 8 redundant underground oil storage tanks situated in the north-eastern part of the site, which were decommissioned in 2015 with the remainder of the site comprising of scrubland.

FALMOUTH

The site is located on Pendennis Head, approximately 0.3 miles north-west of the Grade I Listed Pendennis Castle and 0.9 miles to the north east of Gyllyngvase Beach. Access to the site is off Pendennis Rise and the site overlooks the historic Falmouth Docks and has far-reaching views across the Falmouth Estuary towards St Mawes and St Just in Roseland.

The coastal town of Falmouth has one of the world's largest natural harbours and benefits from several beautiful sandy beaches. The town has a strong maritime heritage, which is re-enforced with the National Maritime Museum being located there. The town is accessed via the A39 (off the A30) and has good access to Truro (12 miles), and Newquay (26 miles). Newquay provides an expanding airport, with flights to an increasing number of destinations. There is a train station c. 350m to the west of the site, providing direct services to the mainline station at Truro.

METHOD OF SALE

Offers are invited for the freehold of the site - please contact KLP to discuss further.

PLANNING

Detailed planning permission (ref: PA24/09830) was approved by Cornwall Council on 15th September 2025 for the "Redevelopment of site to provide 6 dwellings, a new town park and associated works".

Interested parties may note that a previous planning application (PA21/00953) was also approved on the site for an identical development of 6 dwellings, demolition of all existing structures (including underground tanks and associated infrastructure), site remediation and redevelopment to provide 6no. dwellings, a new town park, associated access, parking, infrastructure (including a bat house) and landscaping.

BNG

The supporting information accompanying the planning permission indicates that a 79.98% increase in habitat units is available on site, with an 898.8% increase in hedgerow units.

CIL

The Agents understand that the approved development is CIL liable, with a payment required of £120,496.86 (index linked).

PUBLIC PARK

Condition 17 of the Decision Notice states that all planting, seeding and turfing comprised in the approved scheme of landscaping shall be carried out in the first planting and seeding seasons following the occupation of the buildings or the completion of the development, whichever is sooner.

TENURE

The site is registered under title number CL49534 and is owned freehold (title absolute).

SERVICES

Interested parties should however make and rely upon their own enquiries of the relevant services providers as to the availability and capacity of any required utility connections.

VIEWING - STRICTLY BY APPOINTMENT ONLY

Please contact the vendors sole agents KLP

Property details

Property type
Ask agent
Tenure
Freehold
Parking
Yes

Location

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1 on this map

  • Falmouth Docks Station0.1 mi
  • Falmouth Town Station0.6 mi
  • Penmere Station1.3 mi

What nearby homes sold for

Median sold prices in TR11 over the last 12 months: terraced £313k · detached £515k · semi-detached £342k · flat £238k.

AddressTypeSoldPrice
7 Castle Drive
Falmouth TR11 4NE
Semi-detached
Freehold
16 Apr 2025£600,000
9 Castle Drive
Falmouth TR11 4NE
Semi-detached
Freehold
10 Apr 2025£775,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TR11

Buying costs

Monthly repayment£3,752£75,000 deposit · £675,000 loan
Stamp Duty£27,500England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by KLP, Exeter on Rightmove (original listing). First listed 31 Jul 2026; details checked 7 Nov 2026.

Agent disclaimer

Disclaimer - Property reference 1116AM. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by KLP, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.