- Agency, Elysian Estates, has estimated the cost to let famous properties
- The Queen could charge £10,000 per person to stay at Buckingham Palace
- Meanwhile, 10 Downing Street would cost just £62,000 per night to rent
Ever wondered how much it would cost to rent Buckingham Palace?
Well, in the hypothetical situation wherein the Royal Family would list the Queen’s London residence on a letting site, the property could, in fact, command a whopping £1,040,000 per night.
This is assuming that the Queen charges £10,000 per person per night and that she rents all of the bedrooms out.
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Royal rental: If the Queen were ever to put up her London residence for rent, it could fetch over £1million per night, according to Elysian Estates
This figure comes from Elysian Estates, an elite letting agency, who has priced several well-known UK properties, such as the Beckhams’ former home and Windsor Castle, just in case the homes should ever go on the rental market.
According to the site, 10 Downing Street, which sleeps eight, is a great party house and is able to host up to 60 dinner guests. Elysian Estates has it valued at £62,000 per night to rent.
Meanwhile, Windsor Castle’s 225 bedrooms could net £5,000 per person per night – or up to £2,250,000.
The Beckham’s former mansion is valued at £8,000 per night, and includes a recording studio, seven bedrooms and a gym, while Shakespeare’s birthplace is the most affordable option at £500 per night.
Elegance: The figure to rent Buckingham Palace assumes that each renter pay £10,000 per night
According to Elysian Estates, famous former – or current – inhabitants can vastly impact the price per night of a rental property. Pictured: Queen Elizabeth II in the drawing room
Dinner party pad: Meanwhile, 10 Downing Street would only net £62,000 per night, but it’s dining room is expansive
‘Former or current famous inhabitants can vastly impact the price you could expect to pay per night,’ the website’s blog reads.
Rebecca Cole of Elysian Estates told The Sun: ‘At Elysian Estates, our property pricing algorithm is used as a base point, after which the team prices a property based on the location, quality, size, history and facilities.
I am confident our estimates are accurate – and if the Queen ever did want to exclusively hire her castle or palace I hope she will come to us!’