Charles 'gives up his £1.2m Welsh bolthole': King looks to downsizeJune 3, 2023
King Charles ‘gives up his £1.2m Welsh bolthole’: Monarch looks to downsize his property portfolio as sources claim it is ‘unlikely’ he will use farmhouse as much as when he was Prince of Wales
- King Charles purchased Llwynywermod in 2007 by the Duchy of Cornwall
- Read: Prince Charles admits he bought a house in Wales ’40 years too late’
King Charles has given up his home in Wales as he begins to downsize his property portfolio.
His Majesty purchased Llwynywermod in 2007 by the Duchy of Cornwall, paying £1.2million for the luxury farmhouse near Llandovery in Carmarthenshire.
Sources claimed it is ‘unlikely’ the King will use the farmhouse as much as he did when he was the Prince of Wales.
He previously used it as his base during regular trips to the nation, but passed it onto his eldest son Prince William after acceding the throne.
Now the Coronation has passed the King and his aides are considering what to do with the many homes owned or used by Charles, which include Birkhall, Highgrove, Clarence House, Balmoral and Sandringham.
King Charles (pictured with Queen Camilla) purchased Llwynywermod in 2007 by the Duchy of Cornwall, paying £1.2million for the luxury farmhouse (pictured)
The secluded and fully sustainable three-bedroom property has been Charles and Camilla’s country retreat for years
Charles has given up the home in Wales as he begins to downsize his property portfolio
According to The Telegraph, one royal source said it was ‘an issue that needs to be addressed’ – with discussions underway about increasing public access to some of Charles’s properties to help with funding.
Since the Duchy of Cornwall was given to Prince William, the King has paid rent on Llwynywermod, which exists on a whopping 192-acre estate.
The lease is due to expire later in the summer, with Buckingham Palace confirming the King gave notice to the Duchy earlier this year.
Meanwhile, other properties on the estate are available as holiday rentals when the King is not in residence.
A spokesman for the Prince of Wales reportedly said the royal has no plans to buy his own home in Wales, preferring to stay in hotels to help the local economy.
Photographs released in 2008 of the farmhouse reveal a simple but yet cosy interior
One of the grandest rooms in the property, which was refurbished after the royal couple bought it in 2007, is the dining hall, which can seat more than 16 diners
Sources claimed it is ‘unlikely’ the King will use the farmhouse as much as he did when he was the Prince of Wales
In 2021 Charles admitted he bought a house in Wales ‘probably 40 years too late’, claiming that owning property in the country is an ‘important part’ of holding his title.
The Duchy and Duchess of Cornwall tend to spend a few weeks a year at the secluded and sustainable three-bedroom farmhouse.
There are also two adjoining cottages, which sleep six and four respectively, in a courtyard which are available for holiday let.
At the time Charles said: ‘Rather 40 years too late, probably. But it’s been a wonderful opportunity, at last, to have somewhere in Wales. I come whenever I can… I’ve always felt that it’s an important part of holding this particular title.
In 2021 Charles admitted he bought a house in Wales ‘probably 40 years too late’, claiming that owning property in the country is an ‘important part’ of holding his title
Now the Coronation has passed, the King and his aides have considered what to do with the many homes owned or used by the Charles
The simple cream colour-scheme of the farmhouse extends to the royal bathrooms, which features exposed wood beams and white panelling
One of the guest bedrooms in the £1.2 million Welsh home where Prince Charles went to stay after the death of his father Prince Philip
The Duchy and Duchess of Cornwall tend to spend a few weeks a year at the secluded and sustainable three-bedroom farmhouse
Some elements of the home still have the grandeur of a royal estate, such as this stunning window
‘It took me years to establish somewhere, it wasn’t through want of trying but it was difficult to find the right place.
‘I used to go to different other houses which was very kind of people to lend them for a week or something, but it wasn’t the same thing obviously until finally we found this, which has been a Godsend really.’
MailOnline has contacted the Palace for comment.
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