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Royal houses you will soon be able to rent including one for £26 a night - but only when Prince Andrew finally leaves
2 July 2024, 08:57 | Updated: 2 July 2024, 11:52
King Charles is hoping to allow members of the public the chance to rent out the Royal Lodge, though is struggling to remove Prince Andrew in order to do so.
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The Royals have a number of properties, including ones that can be rented by members of the public - one for as little as £26.
The Duke of York, 64, is reportedly refusing to leave the 30-room lodge, which has been subject to around £7.5 million in repairs.
But the King is looking to take back control of the lodge, which he hopes could bring in around £1 million in rental income for the Crown.
An insider told The Sun: “It makes sense for Royal Lodge to be handed back to Crown Estates, which can pay for the much-needed repairs and renovations.
“It could then be rented to earn money for them, the King’s coffers and the country rather than being a drain on everyone’s resources.”
William has followed in the footsteps of his father in managing a huge property portfolio after he inherited a series of homes when he became Prince of Wales.
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The portfolio is estimated to be worth around £1bn and is spread across 23 counties in England and Wales.
Due to the cost-of-living crisis, William slashed the price of one property in Cornwall, which means a week's stay for four people will cost £21 per head, per night.
It is unclear how much the King would charge to stay in the Royal Lodge, though experts have suggested it would also be as low-priced as possible.