5 Bedroom House for sale in St Michaels On Sea

This is not just a property — it’s a powerful income-generating investment combined with a spacious, modern home, offering the best of both worlds. Income-Generating Flatlet Complex Positioned on one side of the property with its own separate gated entrance, you’ll find a well-maintained complex comprising 14 identical two-bedroom, one-bathroom units, each with a single garage. • 100% occupancy rate – fully tenanted and generating consistent income • Each unit fitted with prepaid electricity meters for easy management • Neat, uniform layout across all units for low-maintenance upkeep • Proven rental demand ensures immediate return on investment This section alone makes the property an exceptional, ready-made investment, ideal for buyers looking to step into a fully operational rental portfolio. Private Main Residence Accessed through a second, separate entrance, the main home offers privacy, space, and versatility. On the lower level: • 6 garages • A private gym space Upstairs, you’re welcomed into a bright, open-plan living and kitchen area, designed for comfortable family living and effortless entertaining. The home is thoughtfully laid out in two wings: Bedroom Wing: • Spacious main bedroom with walk-in cupboard and en-suite bathroom • Two additional bedrooms • Shared family bathroom Living & Entertainment: • Open-plan living area flowing seamlessly to the outdoors • Swimming pool, braai area, and entertainment space — perfect for hosting Upper Level / Bonus Space: • Versatile area ideal for a second lounge, cinema room, or private flatlet • Includes an additional bedroom and bathroom • Extra room currently used as a gym, easily converted into a study or home office • Direct access to garages via staircase Why This Property Stands Out: • Dual-purpose: live in luxury while earning substantial rental income • Fully tenanted flatlet complex with immediate cash flow • Separate entrances ensure privacy and independent operation • Flexible spaces ideal for extended family, work-from-home, or additional letting potential This is a rare opportunity to secure a high-performing investment property with a beautiful home included — perfect for investors or buyers looking to maximise both lifestyle and returns.