Steven Bartlett, the "Dragons' Den" star and podcast host, is reportedly poised to double his money on a luxury Cape Town property after buying and quickly reselling it at a substantially higher price. Local residents have criticised the move, accusing him of "flipping" homes for profit in a way that is pushing up house prices and squeezing out local buyers in the sought-after area.

The property in question is worth around £8.5 million, and Bartlett's swift resale has drawn attention to the wider issue of wealthy foreign investors buying up premium real estate in Cape Town. Critics argue that such practices inflate the local market, making homes increasingly unaffordable for residents, though Bartlett has not been reported as directly responding to the specific accusations levelled against him.