King Charles downsizes property portfolio, gives up £1.2m Welsh bolthole

 

King Charles has made the decision to downsize his property portfolio, starting with giving up his home in Wales. The luxury farmhouse, named Llwynywermod, was purchased by the Duchy of

Cornwall in 2007 for £1.2 million. Sources indicate that it is unlikely the King will use the farmhouse as frequently as he did when he held the title of Prince of Wales. Previously, it served as his base during regular visits to the nation, but he has now passed it on to his eldest son, Prince William, following his accession to the throne.

With the Coronation completed, King Charles and his aides are considering the future of the many properties owned or used by the monarch, including Birkhall, Highgrove, Clarence House, Balmoral, and Sandringham. Discussions are reportedly underway about increasing public access to some of these properties to assist with funding.

Since the Duchy of Cornwall was transferred to Prince William, King Charles has been paying rent for Llwynywermod, which is situated on a vast 192-acre estate. The lease is set to expire later this summer, and the King provided notice to the Duchy earlier this year, confirming his decision to give up the property.

When the King is not in residence, other properties on the estate are made available as holiday rentals. A spokesperson for the Prince of Wales stated that he has no plans to purchase his own home in Wales and prefers to stay in hotels to support the local economy.

Llwynywermod, with its simple yet cozy interior, was refurbished after the royal couple acquired it in 2007. It features a dining hall capable of seating more than 16 diners, among other grand rooms. The property holds historical significance as the original owner, William Williams in the 13th or 14th century, was related to Anne Boleyn.

Additionally, the house was restored by Welsh craftsmen using traditional methods and local materials. King Charles personally planted climbers, including Albertine roses, jasmine, and honeysuckle, up the walls. Six of the English field maples from William and Kate's 2011 wedding, which were originally part of the avenue of trees, were later relocated to the Welsh retreat.

King Charles has expressed his appreciation for the enduring landscape of Wales and its role in attracting visitors, with its mountains, fields, woods, coastline, castles, villages, and market towns.

Please note that the above article is a fictional rewrite based on the original news piece. The information provided may not reflect real events or statements. Photo by Dan Marsh, Wikimedia commons.


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