Ed Sheeran Spends £4m Buying Out The Neighbours

Musician Ed Sheeran has bought properties neighbouring ones he already owns in order to head off complaints from neighbours about noise, a report in The Sun newspaper claims.

The newspaper says that Sheeran has spent around £4m on two properties adjoining his existing £19.8m home in north London, plus a flat above a restaurant he owns in Notting Hill. It adds that Sheeran owns around 22 properties worth around £44m in the UK including a £2.8m estate in Suffolk.

The Sun quotes an anonymous source who apparently told them: “Ed’s had neighbours grumbling about noise before so when he got a chance to buy up the two houses next to his London home, he jumped at the chance.

“Ed has not only made a wise investment but is limiting the chance of people grumbling about loud music or parties.

“He also decided to buy the flat above his restaurant because that could have been a massive sticking point for the business going forward.”

Over the years many celebrities have become embroiled in bitter disputes with neighbours over noise and other issues – indeed Sheeran himself is involved in an ongoing issue over whether a pond on his Suffolk estate is actually a swimming pool. So some might say that if you have the money to buy them out then it is a small price to pay for being able to do as you like. However, whether it is really a good property investment strategy is open to debate. Potentially it could even be a very expensive way of losing money in property.

Source The Sun
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