What does the cryptic crossword clue "Faculty, place with character by the sound of it? (8)" mean?

The definition is "Faculty,". The wordplay uses a homophone (sounds like). Sounds like ‘site’ (place) after I (character) The answer is EYESIGHT.

Faculty, place with character by the sound of it? (8)

Guardian Cryptic #29616 | 22 Across | 2025-02-12 flower