46203 Princess Margaret Rose, LMS Princess Royal Class
A preserved LMS Princess Royal Class 4-6-2 Pacific, built at Crewe Works in 1935 as LMS No. 6203. Withdrawn from British Railways service in 1962. Acquired by Sir Billy Butlin for display at his Pwllheli holiday camp before passing to the Princess Royal Locomotive Trust.
46203 Princess Margaret Rose is one of only two surviving Princess Royal class locomotives, alongside classmate 46201 Princess Elizabeth. Currently on static display at the Midland Railway Centre, Butterley, in LMS crimson lake livery.
Last recorded as at the Midland Railway Centre, Butterley, owned by Princess Royal Locomotive Trust. Operating status: Static display. Current livery: LMS Crimson Lake.
Location, livery and operating status last confirmed pre-2024 and subject to change. Check with the owning organisation or heritage railway for current information.
Notable history
46203 Princess Margaret Rose was built at Crewe Works in 1935 as LMS No. 6203, one of the original batch of Sir William Stanier's Princess Royal class. Withdrawn in 1962, she was acquired by Sir Billy Butlin and displayed at his Pwllheli holiday camp before passing to the Princess Royal Locomotive Trust. Now on static display at the Midland Railway Centre, Butterley, in LMS crimson lake livery.

