They say the first thing to consider when buying a home is location, location, location if that is the case then this lakeside property is the home of dreams.

And it could be yours for just under £2 million.

The unique and stylish residence is positioned within approx. 4.5 acres of grounds around a magnificent lake and within walking distance of the River Hamble.

The property was previously run as a commercial enterprise and is currently configured as three luxurious units. With its residential status it could, be easily arranged to provide an elegant principal residence with ancillary accommodation.

The property has been rewired and re-plumbed with new bathrooms, kitchens, heating, lighting and Bang and Olufsen sound system throughout.

In addition to the current modern living space, which extends to approaching 3,000 sq. ft, there is a substantial basement area of over 1,500 sq. ft which (subject to planning permissions) could also be converted.

The accommodation is currently arranged over two floors with three bedrooms on the ground floor and two on the first.

The beautifully designed sitting/dining/kitchen room is the real hub of the home and makes the most of the stunning views with three sets of doors opening out to the beautiful grounds.

Outside, the grounds are magnificent and centred around a lake which is currently stocked with several varieties of trout. The lake provides a gorgeous outlook to be enjoyed from many of the rooms in the house and from the substantial veranda that fronts it.

Positioned in arguably the most sought-after address in the locality with access to The River Hamble along the lane. The area is renowned for its natural beauty and sailing facilities, local nature reserves and restaurants (Bistro 8 within a short walk).

The property has a guide price of £1,950,000 and is being sold by The Country House Company.