Princesses Eugenie and Beatrice can avoid being “turfed out” of their future home if Prince Andrew sticks to a key agreement, a property expert has exclusively told GB News.
The Duke of York has long wished for his two daughters to inherit Royal Lodge, his home in Windsor, as Andrew signed a 75-year lease for the property with the Crown Estate in 2003.
However, Prince Andrew, 64, has been in constant conflict with King Charles over the property.
The monarch is understood to have wanted the Duke of York, who is no longer a working royal, to downsize to a less expensive property.
Eugenie and Beatrice can avoid being ‘turfed out’ if Prince Andrew sticks to agreement
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Royal Lodge is in need of major renovation work at a very expensive price, and also requires a heavy security presence.
Robin Edwards, a property buying agent at Curetons, spoke exclusively to GB News about Royal Lodge and what Prince Andrew must do to protect Beatrice and Eugenie’s inheritance.
He said: “As long as Prince Andrew can continue to pay the not insignificant upkeep costs of maintaining Royal Lodge as per the terms of his 2003 lease, King Charles and the freeholder the Crown Estate won’t be able to turf him or his descendants out.”
The property expert added: “The 75-year lease agreement, in lieu of rent, requires Andrew to undertake refurbishments of Royal Lodge at his own expense.
Royal Lodge is located on the Windsor EstateGetty“In September 2002 that was conservatively estimated at £7.5million excluding VAT.
“The costs are likely to have grown significantly since then with time and inflation.
“The property is Grade II listed and reportedly requires a huge amount of work.
“Photos of the exterior have shown crumbling stonework and peeling paint.
Eugenie and Beatrice would ‘jump at the chance’ to live at Royal Lodge, a commentator has claimedPALATEST ROYAL NEWS:
Prince Andrew must keep up with the upkeep costs of the property
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“Visitors to the house have also described that much of the internal decor hasn’t been updated since the late Queen Mother moved into the property in the 1950s.”
Princess Beatrice, 36, currently lives in The Cotswolds with her husband, Edoardo Mapelli Mozzi.
The royal couple also share an apartment at St James’s Palace, useful for their frequent trips to London.
Meanwhile, Princess Eugenie, 34, splits her time between Portugal and the UK with her husband, Jack Brooksbank.