After withdrawal, 46203 was bought by Billy Butlin of Butlins holiday camps and became one of two preserved Princesses, the other being 46201 Princess Elizabeth. After cosmetic restoration at Crewe, it was moved to Pwllheli in Gwynedd, arriving there in May 1963. It remained there until 1975 when it departed for the Midland Railway Centre (now Midland Railway - Butterley) in Derbyshire.
