Ed Sheeran Turns Property Magnate, Owns £42m Portfolio

Singer songwriter Ed Sheeran has become a property magnate, having spent £42m on property in seven years according to a newspaper report.

The Sun says that as well as four houses in Suffolk worth £2.8m Sheeran owns a house and a restaurant in Notting Hill worth £21.3m, two flats in Shoreditch worth £1.45m, six flats in Hammersmith worth £5.6m, three homes in Holland Park worth £7.7m and two houses in Chiswick worth £3.7m.

The Sun quotes an unnamed ‘financial expert’ as saying: “He’s been incredibly shrewd by ploughing his money into property. And by focussing on London, where the market is still growing, he can charge top whack to renters.”

Companies House records shown that Sheeran has significant control (defined as owning more than 75% of the shares) in a property letting and management company called Maverick Properties Limited. Sheeran’s manager Stuart Camp is also a director.

The Sun has somewhat sensationalised this story in its usual style. However, many investors would probably agree that, looked at objectively, Sheeran’s portfolio is not that big, not that exciting and given that it seems focussed on the most expensive London locations probably not that high yielding either.

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Source The Sun
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