The Duchy of Cornwall, the private estate that provides income to Prince William, has announced plans to sell a portion of its 128,000-acre property portfolio to fund new housing developments.

The estate is investing £11 million to construct 30 affordable eco-homes on the Isles of Scilly, according to development plans. The timber-framed houses are being built near a Napoleonic watch tower in Hugh Town on St Mary's island.

Construction has already begun on 10 of the planned homes, with 20 additional units scheduled for development. The housing is intended to serve key workers and local islanders in the area.

The Duchy plans to reinvest proceeds from property sales into additional housing projects as part of a broader strategy to expand its residential portfolio. The estate, which spans multiple counties in England, generates revenue that supports the Prince of Wales's official duties and charitable activities.

The Isles of Scilly development represents part of efforts to address housing shortages in rural and island communities, where limited land availability and high costs often create affordability challenges for local residents and essential workers.