There are also several cottages and small houses in the palace grounds, including Nottingham Cottage. The accommodation is also run by the Crown Estate run and divided into "apartments" and cottages, with William and Catherine residing in the most palatial - apartment 1A, previously home to the late Princess Margaret (Elizabeth II's sister) - with four storeys and 20 rooms. Non-royals also live here - including members of the military, courtiers and staff - with residents totalling around 50 at any given time. Royals have been living at Kensington Palace in the heart of London's Hyde Park since the 17th century and the current occupants include the Prince and Princess of Wales, William and Catherine, and their family (when in London), the Duke and Duchess of Gloucester, the Duke and Duchess of Kent, and Prince and Princess Michael of Kent. There are up to 50 residents of Kensington Palace at any one time. It is managed by the independent Crown Estate company - as is the case for many of the royal homes. The palace is actually part of the Crown Estate, a company that belongs to the reigning monarch "in right of the Crown", so essentially the property comes with the job. It's also HQ for all administrative matters and currently a very busy hub of activity. To date, the official word is that the King still plans to make Buckingham Palace his London home, and in the meantime, it is still very much the focal point for the monarchy - for coronation celebrations, for the Trooping the Colour on June 17 and for state visits, important events and banquets. Certainly, Clarence House is much cosier. The palace is currently halfway through a 10-year multimillion-dollar renovation and restoration project, so it makes sense for Charles and Camilla to stay put at nearby Clarence House and hop over to the palace for work engagements and meetings. The 775-room palace with 40 acres of gardens, five floors and an indoor swimming pool has been the British sovereign's official royal residence since 1837 - but King Charles and Camilla, the Queen Consort, have yet to move in. Buckingham Palace is the focal point of the British monarchy.
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