EXCLUSIVE: With reports suggesting that Andrew Mountbatten-Windsor could be out of the Royal Lodge by Easter, a property expert shared what this means for his daughters Princesses Eugenie and Beatrice

Prince Andrew with his daughters Princess Eugenie and Princess Beatrice (Image: Getty)

Princess Eugenie and Princess Beatrice have missed out on a £30million inheritance after King Charles wilded the axe on their father Andrew Mountbatten-Windsor, it has been claimed.

After formal notice was served to Andrew Mountbatten-Windsor to surrender his lease on the Royal Lodge, a property expert has said there is now no way his daughters, Princess Eugenie and Princess Beatrice, will inherit the £30 million mansion.

The former Prince had held a 75-year lease on the Royal Lodge, 30-room property since 2003, after signing a long-term agreement with the Crown Estate. The 65-year-old was said to have strong occupancy rights and many believed he harboured hopes of eventually handing the property over to his daughters.

But, following more scandal surrounding his ties to Jeffrey Epstien in October, the King initiated a formal process to strip Andrew of his remaining royal titles and served notice for him to leave the Royal Lodge, where he lived with his ex-wife Sarah Ferguson.

As the father-of-two prepares to move into a alternative home, property expert Elliot Castle, of We Buy Any Home, said the door for any potential inheritance has now closed “entirely”.

Andrew Mountbatten-Windsor lived at the Royal Lodge with his ex-wife Sarah Ferguson (Image: GETTY)

“[This] would only have been possible while the lease remained in place,” he shared. “Once that lease is surrendered or terminated, there is nothing to pass on. From a property standpoint, that closes the door entirely.

“Royal Lodge would revert fully to the Crown Estate, with no residual claim for Andrew or his daughters.”

The decision to remove Andrew from Royal Lodge came following continued scrutiny over his past association with the late sex offender Jeffrey Epstein.

Andrew was also stripped of his royal titles and privileges by his older brother, King Charles (Image: GETTY)

Andrew has consistently and strongly denied any wrongdoing and has previously expressed regret over their friendship.

Moving forward, the father-of-two is expected to move into a home on the Sandringham estate in Norfolk by Easter.

Outlining the financial implications of the change, Elliot continued: “The key point here is that Royal Lodge is not just a home – it’s a valuable long-term leasehold asset.

“Initiating a formal process to remove Andrew earlier than expected effectively strips away the remaining financial and practical value of that lease.

“Reports suggesting a loss of around £500,000 reflect not just moving costs, but the loss of a heavily invested, long-term residential interest that would otherwise have remained in place for decades.”

Princesses Beatrice and Eugenie (Image: Getty)

Andrew’s move is also expected to come at a cost due to a downgrade in his housing security.

“Royal Lodge offered security, status, and a long lease that justified significant personal investment,” he added.

“Losing that arrangement early inevitably results in sunk costs that can’t be recovered.

“From a property expert’s point of view, it’s the difference between owning a long lease on a premium home and occupying accommodation at the discretion of someone else.”

As for his daughters, Princess Eugenie, her husband Jack Brooksbank and their two children currently live in Ivy Cottage on the grounds of Kensington Palace in London and also have a home in Portugal.

Princess Beatrice and her spouse, Edoardo Mapelli Mozzi, who also have two children, currently live in the Cotswolds.