Duchess of York sells London Belgravia townhouse at £400k loss amid market decline

Sarah Ferguson, the Duchess of York, has sold her Belgravia townhouse for £3.85 million, approximately £400,000 less than the £4.25 million she paid in 2022. Originally purchased as an investment property for her daughters, Princess Beatrice and Princess Eugenie, the property was initially rented out before the tenant purchased it. Ferguson was not actively looking to sell but accepted the tenant's offer, with plans to reinvest the proceeds. The sale reflects a broader decline in London's luxury property market, with prices in Knightsbridge and Belgravia still significantly below previous market highs. The funds from the sale are speculated to potentially assist with the upkeep costs of the Royal Lodge in Windsor, where Sarah and her former husband Prince Andrew reside. This property transaction comes amid renewed scrutiny of the Duke and Duchess of York's past association with Jeffrey Epstein, leading to several charities severing ties with the Duchess.