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26 Oct 2020 0:45
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  •   Home > News > Entertainment

    Ed Sheeran's property empire has soared to £61.5 million ($78.1 million)

    The pop megastar's companies Maverick Properties Limited and Maverick Commercial Properties Limited filed documents on Companies House, which show a growth of £4.5 million ($5.7 million)


    According to The Sun newspaper, that's because the 'Shape of You' hitmaker - who is reportedly worth £200 million - purchased further properties during the lockdown period.

    It was claimed that the 29-year-old Grammy-winner owned 27 properties in February.

    As well as a sprawling estate in Suffolk, Ed owns the restaurant Bertie Blossoms a mansion in London, two Covent Garden properties, flats in Battersea, and rental properties across London.

    The 'Perfect' hitmaker bought the first property in his 'Sheeranville' estate for almost £900,000 in 2012, and last year splashed out £875,000 for his fifth house in the area.

    Over the years, he's built a swimming pool, two-storey treehouse and a pub within his grounds, prompting a number of objections to his plans, including in 2018 when he applied to build a chapel.

    Ed - who recently welcomed his first child with wife Cherry Seaborn, daughter Lyra, into the world - bought his properties for cash as he didn't require mortgages.

    A source previously said: "He has a great portfolio of properties and he owns the lot free and clear. There was no need to borrow the cash from a lender because he already had it.

    "Some people have the cash tied up so need to raise a mortgage but Ed has piles of the cash in the bank so there was no point in letting a bank earn money by lending him the money. He just bought them outright.”

    © 2020 Bang Showbiz, NZCity


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