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Royals sell Nether Lypiatt Manor for £5.75m

Prince and Princess Michael of Kent have earned £5.75m from the sale of their private Gloucestershire home.

They bought Nether Lypiatt Manor, near Stroud, in 1981 for £300,000.

A deal on their rented Kensington Palace flats ends in three years when they may have to find a home at open-market prices.

References: The Times 11/04/06 page 4

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