Ed Sheeran 'spends £42 million on investing in the property market as the singer buys a restaurant as well as 18 flats and houses in London and Suffolk'

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.

'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. 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.

Ref: Property Report