Ed Sheeran has reportedly spent £42 million ($80 million) on investing in the property market.

The singer, 28, is said to be the owner of 18 flats or houses in the UK, as well as one restaurant in Notting Hill, British paper The Sun reported.

Speaking to the publication, a financial expert said: "He's been incredibly shrewd by ploughing his money into property. By focusing on London, where the market is still growing, he can charge top whack to renters.

"There's every chance tenants are unaware they are handing money over to a multi-millionaire singer."

Start your property search

Find your dream home today.
Search

Sheeran, who is worth an estimated £80 million ($154 million), has reportedly bought two flats in East London for £1.45 million, six flats in Central London for £5.6 million, and five homes in two wealthy London suburbs for more than £10 million.

He also recently purchased a house and a restaurant in London's Notting Hill for £21.3 million, while he owns four houses in an estate in Suffolk worth an estimated £2.8 million.

The singer is thought to have bought the various properties with his manager Stuart Camp under their Maverick Properties' company.

At his Suffolk estate, Sheeran applied for planning permission in 2017 to create a private pub, which comes with underground rooms and a passage to the main house.

The pub was given the go-ahead but had to be restored with bricks and tiles which were in-keeping with the original barn.

The estate already includes an indoor swimming pool, a four-room treehouse and a trendy "pod". He also won permission to build his own football pitch.

Sheeran, has frequently spoken of his love of New Zealand and his hinted that he would love to obtain Kiwi citizenship, bought his main house for £895,000 in June 2012, and has since bought up three neighbouring properties, and the estate has been dubbed "Sheeran-ville".

Last year, an April Fool's story reported that Sheeran had bought up a large section of Gore and had plans to build a hideaway there.

- Daily Mail



Ad Tag