Reportedly, Princess Beatrice and Princess Eugenie are perturbed after King Charles removed their father’s remaining titles and evicted him from Royal Lodge in October 2025. This decision effectively liquidates a multimillion-dollar inheritance they anticipated from the property.
The sisters, 36 and 35 years old, had long believed that their father’s 75-year lease agreement from 2003 would sustain the 30-room property. However, this lease, which was previously seen as the cornerstone of their family’s residential and financial stability, is now being dissolved in King Charles’ broader initiative to simplify the monarchy.
In 2003, Andrew secured a 75-year lease on Royal Lodge, a deal valued at approximately £30 million ($40 million). The leasehold could only be assigned to his widow, his two daughters, or a trust that was established solely for their benefit.
On October 30, 2025, King Charles began the formal process to revoke Andrew’s titles, following renewed scrutiny over his previous relationship with Jeffrey Epstein. The palace announced that a formal notice has been served to surrender the lease, and Andrew is transitioning to different private accommodation.
According to property expert Elliot Castle of We Buy Any Home, any chance of inheriting Royal Lodge is now “entirely” off the table. “This would have only been feasible while the lease was still in effect. Once the lease is surrendered or terminated, there’s nothing to pass on. From a property perspective, this completely shuts the door. Royal Lodge would return fully to the Crown Estate, leaving no residual claims for Andrew or his daughters.”
Royal Lodge isn’t just a residence; it’s a significant long-term leasehold asset. Terminating the lease prematurely erodes its remaining financial value, which estimates imply could represent a loss of around £500,000 ($680,000) in unrecoverable costs and lost investment.
Andrew paid a £1 million ($1.36 million) premium to the Crown Estate for the lease and undertook renovations at his own cost, estimated at £7.5 million ($10.2 million) in September 2002 prices. Over the years, he reportedly invested millions more in renovations, presuming these unrecoverable costs would eventually become a valuable inheritance for his children.
Sarah Ferguson, Andrew’s ex-wife who has shared Royal Lodge with him for the past 20 years, is also relocating. The couple married in 1986 and divorced ten years later. She reverted to her maiden name when Andrew surrendered his titles.
Andrew is projected to vacate Royal Lodge within weeks, likely before his 66th birthday on February 19. He will relocate to a property on the private Sandringham estate in Norfolk, approximately 100 miles north of London, which will be funded privately by King Charles.
Insiders suggest the princesses feel they are bearing the burden of choices they didn’t make, as they witness a valuable asset vanish because of a scandal they were not involved in. For years, the princesses saw Royal Lodge not just as their childhood home, but as a multi-generational asset that assured a comfortable retirement.
Despite their father’s disgrace, both princesses will keep their royal titles. Princess Eugenie, her husband Jack Brooksbank, and their two children reside at Ivy Cottage on the Kensington Palace grounds and own a home in Portugal. Princess Beatrice, her husband Edoardo Mapelli Mozzi, and their two children live in a home in the Cotswolds.
“Royal Lodge provided security, prestige, and a long lease that justified substantial personal investment,” said Castle. “The premature loss of that arrangement inevitably results in unrecoverable costs.”
Princess Beatrice and Princess Eugenie attended the Sandringham Christmas celebrations without their parents, who were not invited to this year’s festivities. This decision indicates a wider demotion for the York branch of the family.
Although Andrew would be entitled to £488,000 ($663,000) for an early surrender of his 75-year lease, a Crown Estate report found the property was so rundown that he will likely not receive any reimbursement.
This loss marks the end of long-held beliefs about family stability and security that have shaped their expectations for many years. They are now forging lives completely independent of the Crown’s property portfolio, even as they privately express resentment over how their father’s downfall has impacted their futures.
