Duke of York Earns Rent from Royal Lodge Cottage Sublets

2026-06-04
Duke of York Earns Rent from Royal Lodge Cottage Sublets

The Duke of York, Prince Andrew, has been receiving undisclosed rental income by subletting three cottages located on the Royal Lodge estate, according to a recent report by the public spending watchdog. The Royal Lodge estate is the Duke’s residence, and the cottages are part of the property he leases from the Crown Estate.

The report details that Prince Andrew has been subletting the cottages, generating income that has not been publicly disclosed. The Crown Estate, which manages the royal family’s property portfolio, leases the Royal Lodge estate to the Duke. The arrangement allows him to sublet portions of the estate to third parties, with the rental income accruing to the Duke.

While the exact amount of rental income received by the Duke remains undisclosed, the watchdog's findings have raised questions regarding transparency and potential conflicts of interest. The report does not offer commentary on the legality or appropriateness of the arrangement, simply stating the facts of the income stream.

Royal Lodge is a large estate in Windsor Great Park, and the Duke has resided there since 2007. The Crown Estate is a significant property owner in the UK, managing a vast portfolio of land and buildings on behalf of the monarch. The subletting of cottages on the Royal Lodge estate adds another layer of complexity to the Crown Estate’s operations and the financial arrangements of the royal family.

Further details regarding the nature of the subletting agreements and the identities of the tenants are not included in the initial report. The watchdog has indicated that it may conduct a more in-depth investigation into the matter.

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