King Charles gives up £1.2m house as he looks to trim his huge list of multi-million pound properties around the country
KING Charles has given up his £1.2million house as he looks to trim his huge list of expensive properties around the country.
Llwynywermod was bought by the Duchy of Cornwall estate on behalf of the then Prince of Wales in 2007 after he spent 40 years searching for the right property.
The monarch‘s luxurious home, which is surrounded by 192 acres of countryside, is a former coach house with farm buildings.
King Charles often used it as his base of operations whenever he visited Wales.
But since the Duchy of Cornwall was passed to Prince William, Charles has been paying rent on Llwynywermod, according to The Telegraph.
And with the Coronation over, the King has now decided what to do with the beautiful countryside retreat.
Buckingham Palace confirmed that the King gave notice to the Duchy earlier this year that he would be giving up the lease which is due to expire later in the summer.
The Telegraph quoted royal sources who said the King remained “passionate” about Wales, but had decided to give up the property because it was “unlikely” he would be able to use it in the same way as before.
A spokesperson for the Prince of Wales confirmed to the publication that the royal would not be inheriting the property.
Instead, Prince William will be choosing to stay in hotels whenever he visits Wales in order to help the local economy.
The original owner, William Williams in the 13th or 14th century, was related to Anne Boleyn.
Meanwhile, other properties on the estate are available as holiday rentals when the King is not in residence.
Over the years there have been two other cottages that can be rented out by the public from £550 to £1,200 per night when the royal is not there.
It is now likely that it Llwynywermod will be let out commercially, either for holidays or on a long-term lease.
The King and his aides will now turn their attention to what to do with the various homes owned by or used by the King.
These pricey estates include Highgrove, Birkhall, Clarence House, Sandringham and Balmoral, as well as official residences such as Buckingham Palace and Windsor Castle.
Discussions are already taking place about giving the paying public greater access to Balmoral and Buckingham Palace to help cover their costs.
While Charles is also making his various residences more energy efficient to reduce the long-term costs of their upkeep.
In 2021 the King told BBC Radio 4 that he had bought Llwynywermod “rather 40 years too late, probably” because he had spent much of his life having to stay with friends or borrow other people’s homes when he was in Wales and that Llwynywermod had been “a Godsend”.
He said at the time: “I come whenever I can…I’ve always felt that it’s an important part of holding this particular title.”
Finding the house, he said, was “a wonderful opportunity, at last, to have somewhere in Wales”.
Meanwhile, the King was been photographed on Saturday walking in Valea Zalanului, a hamlet 150 miles north of Bucharest in Romania.
Wearing binoculars and carrying a stick, he made his way through the streets where just over 100 people live.