5 Bedroom House in Saint Michaels on Sea

14 income generating flats with a bonus house. This is not just a property its a powerful income-generating investment combined with a spacious, modern home, offering the best of both worlds.Income-Generating Flatlet ComplexPositioned on one side of the property with its own separate gated entrance, youll 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 incomeEach unit fitted with prepaid electricity meters for easy managementNeat, uniform layout across all units for low-maintenance upkeepProven rental demand ensures immediate return on investmentThis section alone makes the property an exceptional, ready-made investment, ideal for buyers looking to step into a fully operational rental portfolio.Private Main ResidenceAccessed through a second, separate entrance, the main home offers privacy, space, and versatility.On the lower level:6 garagesA private gym spaceUpstairs, youre 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 bathroomTwo additional bedroomsShared family bathroomLiving & Entertainment:Open-plan living area flowing seamlessly to the outdoorsSwimming pool, braai area, and entertainment space perfect for hostingUpper Level Bonus Space:Versatile area ideal for a second lounge, cinema room, or private flatletIncludes an additional bedroom and bathroomExtra room currently used as a gym, easily converted into a study or home officeDirect access to garages via staircaseWhy This Property Stands Out:Dual-purpose: live in luxury while earning substantial rental incomeFully tenanted flatlet complex with immediate cash flowSeparate entrances ensure privacy and independent operationFlexible spaces ideal for extended family, work-from-home, or additional letting potentialThis 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. Show more Show less