Prince Louis and Princess Charlotte might be 'renting a flat in Shoreditch' as the royals could consider moving away from palaces, according to an author's claim.
Kate Williams suggests that the Royal Family's 30 residences could be further opened to the public to generate funds for the Royal collection.
Williams notes that historically, Queens have shown more preference for palaces, while Kings have often viewed them as "stages for brilliance".
Queen Elizabeth II was known to have a fondness for both Windsor Castle, in Berkshire, and Sandringham in Norfolk. However, her absolute favourite was said to be the Balmoral Estate in Scotland.
Williams anticipates that such grand buildings could be made more accessible to the public, with "minor royals" potentially having to move as King Charles aims to run a slimmed-down monarchy, reports the Express.
In a conversation with Hello!, she said: "On one hand, these palaces are great homes being conserved for future generations. On the other hand, they generate a lot of income for the royal collection and are great to visit.
"We understand that King Charles is aiming for a slimmed-down Royal Family, so it means [minor royals] may have to go and live in non-palaces. He doesn't really live in Buckingham Palace at the moment, he's renovating it and using it more as an office.
"And it will be interesting to see how Prince William might approach them if he still has children living with him. Maybe in the future we'll see Princess Charlotte and Prince Louis getting a flat in Shoreditch together."
King and Queen Camilla currently use Clarence House as their London abode, while Windsor Castle serves as their official country residence. On the other hand, Kensington Palace is the official residence of Prince William and Kate Middleton, along with their children George, 10, Charlotte, nine, and Louis, six.
The Duke and Duchess of Gloucester, The Duke and Duchess of Kent, and Prince and Princess Michael of Kent also reside in the palace's Royal apartments. Several Royal residences, including Kensington Palace and Windsor Castle, are open to the public for visits. Buckingham Palace also partially opens its doors for palace tours.
The Mirror has contacted representatives of the Royal Family for comments on the future of the palaces.