«Breaking News» Ed Sheeran 'spends £42 million on investing in the property market'

Ed Sheeran has reportedly spent £42 million on investing in the property market. 

The singer, 28, is said to be the owner of 18 flats or houses in London and Suffolk, as well as one restaurant in Notting Hill, The Sun reported on Wednesday.

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

Investment: Ed Sheeran has 'spent £42 million on investing in the property market as the singer bought a restaurant as well as 18 flats and houses in London and Suffolk'

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

Sheeran, who is worth an estimated £80million, has reportedly bought two flats near Shoreditch for £1.45 million, six flats in Hammersmith for £5.6 million, three homes in Holland Park for 7.7 million, and two houses in Chiswick £3.7 million.

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

Vast property: Sheeran, who is worth an estimated £80million, owns four houses in his Suffolk estate alone, which is worth an estimated £2.8 million

Smart move: A financial expert said: 'He's been incredibly shrewd by ploughing his money into property. And by focusing on London, where the market is still growing'

Last year it was revealed that the Shape Of You hitmaker had bought the Galicia tapas bar in Portobello Road for £1.5 million.

Sheeran reportedly wants to transform it into a live music venue with a ‘members’ club vibe’. But residents who described Galicia as ‘one of the last authentic Spanish restaurants in London’ spoke of their dismay yesterday at finding out its new owner is one of the world’s biggest pop stars. 

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

Granted: In Suffolk, Sheeran has had planning approved to add a football pitch and a private beach to his extensive garden by his local council (pictured with his wife Cherry in 2018)

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. But there was no mention in the documents about a 16ft sign he placed on the property– prompting locals to question why it is there.

One told The Mail on Sunday: ‘It seems Ed is now doing what he wants. He seems to be getting permission for some things but thinking he can get away with other aspects of his renovations.’

Strict rules: His neighbours thankfully didn't reject the plans however they did request that any lights illuminating his garden are switched off by midnight

The estate already includes an indoor swimming pool, a four-room treehouse and a trendy ‘pod’. He also last year won permission to build his own football pitch. A council spokesperson confirmed it would be visiting Sheeran’s house to look at the sign.

Plans revealed he wants to add a walled kitchen garden with seating area, nine oak sleeper raised beds, woven willow fencing and room for fruit trees.

His garden designer also wants to put in a £21,450 National Trust Collection greenhouse and sandstone stepping stones to link a tree house and his orangerie terrace.

Grand plans: The singer, who has been snapping up property in Suffolk, submitted plans for his Suffolk estate which also included building a greenhouse and fire pits

The hitmaker's 57,600sqm outdoor area will also feature an entertaining area with pool terrace and a new base for this hot tub, illuminated by 'subtle garden lighting'.

His stunning estate will also get a 380sqm wild flower meadow in plans recently approved by Suffolk Coastal District Council.

Detailed plans state: 'The works involve laying new paving and composite decking around three properties, creating a kitchen garden with raised oak beds, brick paver and gravel paths, building the brick plinth base for a greenhouse.'

Ed Sheeran 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'.

Dream home: The millionaire musician has been buying houses in his sleepy hamlet in a bid to create a dream home for him and his new wife Cherry Seaborn 

Link hienalouca.com

https://hienalouca.com/2019/03/28/ed-sheeran-spends-42-million-on-investing-in-the-property-market/
Main photo article Ed Sheeran has reportedly spent £42 million on investing in the property market. 
The singer, 28, is said to be the owner of 18 flats or houses in London and Suffolk, as well as one restaurant in Notting Hill, The Sun reported on Wednesday.
Speaking to the publication, a financial expert said: &...

It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.

Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.

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