# 3 bedroom detached bungalow for sale (GU52 7LS) ## Property Details | Key | Value | |-----|-------| | Address | 63 VELMEAD ROAD, FLEET, HAMPSHIRE GU52 7LS | | Price | £550,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | E | | Construction age | England and Wales: 1967-1975 | | Floor area | 91 m² | | Last sold | £550,000 Oct 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 04/09/2033 - **Current heating cost:** £1,341/year - **Est. upgrade cost to C:** £10,500 ### Recommendations - W1 (£800 - £1,200) - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0310-2535-1210-2907-6911) ## Description Nicholsons Estate Agents are delighted to present this most spacious three bedroom detached bungalow pleasantly situated on a corner plot with gated entrance, ample off road parking, garage and landscaped gardens additionally benefiting from two outbuildings ideal for use as office/studios. Within walking distance to local schools, Basingstoke Canal & Velmead Woods. **Front Door To:** - **Hallway:** - **Living Room:** - 5.92 x 3.92m (19'5" x 12'10") - **Kitchen:** - 4.04 x 3.23m (13'3" x 10'7") - **Bedroom One:** - 5.22 x 3.17m (17'1" x 10'4") - **Bedroom Two:** - 3.63 x 3.18m (11'10" x 10'5") - **Bedroom Three:** - 3.17 x 2.44m - **Bath/Shower Room:** - 2.14m x 2.14m (7'0" x 7'0") - **Outside** - **Garden:** - The property provides a wrap around garden which benefits from outside decking area, cabin in the garden with electricity, a further outbuilding, mostly laid to shingle & stones. **Outbuilding One (Study):** - 3.35m x 2.64m (10'11" x 8'7") - **Outbuilding Two (Utility)** - 4.37m x 1.57m (14'4" x 5'1") - **Garage:** - 4.58m x 2.58m (15'0" x 8'5") - ## Property Photos - ![Front.JPG](/listings/photos/153998135/626108) - Front.JPG - ![Living Room.JPG](/listings/photos/153998135/626109) - Living Room.JPG - ![Living Room 1.JPG](/listings/photos/153998135/626110) - Living Room 1.JPG - ![Kitchen.JPG](/listings/photos/153998135/626111) - Kitchen.JPG - ![Bedroom One.JPG](/listings/photos/153998135/626112) - Bedroom One.JPG - ![Bedroom Two.JPG](/listings/photos/153998135/626113) - Bedroom Two.JPG - ![Bedroom Three.JPG](/listings/photos/153998135/626114) - Bedroom Three.JPG - ![Family Bathroom.JPG](/listings/photos/153998135/626115) - Family Bathroom.JPG - ![Family Bathroom 1.JPG](/listings/photos/153998135/626116) - Family Bathroom 1.JPG - ![Fresh Water Pond, Outbuilding.JPG](/listings/photos/153998135/626118) - Fresh Water Pond, Outbuilding.JPG - ![Outbuilding.JPG](/listings/photos/153998135/626119) - Outbuilding.JPG - ![Outbuilding 1.JPG](/listings/photos/153998135/626120) - Outbuilding 1.JPG - ![Fresh Water Pond.JPG](/listings/photos/153998135/626121) - Fresh Water Pond.JPG - ![Garden 6.JPG](/listings/photos/153998135/626122) - Garden 6.JPG - ![Garden 5.JPG](/listings/photos/153998135/626123) - Garden 5.JPG - ![Garden 4.JPG](/listings/photos/153998135/626124) - Garden 4.JPG - ![Garden 3.JPG](/listings/photos/153998135/626126) - Garden 3.JPG - ![Garden.JPG](/listings/photos/153998135/626127) - Garden.JPG - ![Garden 1.JPG](/listings/photos/153998135/626128) - Garden 1.JPG - ![Garden 2.JPG](/listings/photos/153998135/626129) - Garden 2.JPG - ![CSC_0065.JPG](/listings/photos/153998135/626130) - CSC_0065.JPG - ![Gated Entrance.JPG](/listings/photos/153998135/626132) - Gated Entrance.JPG ## Floorplans - ![63, Velmead Road, Fleet, GU52 7LS.jpg](/listings/photos/153998135/626133) - 63, Velmead Road, Fleet, GU52 7LS.jpg ## EPC Graphs - ![EE Rating](/listings/photos/153998135/626134) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 63 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LS | £550,000 | 01/10/2025 | Detached | | 63 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LS | £242,000 | 25/08/2000 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 1 WARREN CLOSE, FLEET, HART, HAMPSHIRE, GU52 7LT | £585,000 | 28/11/2025 | Detached | | 62 FLORENCE ROAD, FLEET, HART, HAMPSHIRE, GU52 6LQ | £642,500 | 24/09/2025 | Detached | | 1 FAIRLAND CLOSE, FLEET, HART, HAMPSHIRE, GU52 7LU | £560,000 | 23/06/2025 | Detached | | 8 LARCHFIELD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LW | £635,000 | 05/02/2025 | Detached | | 1B OSBORNE DRIVE, FLEET, HART, HAMPSHIRE, GU52 7LL | £505,000 | 20/10/2023 | Detached | | 58 FLORENCE ROAD, FLEET, HART, HAMPSHIRE, GU52 6LQ | £765,000 | 06/10/2023 | Detached | | [Same street] 67 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LS | £750,000 | 19/05/2023 | Detached | | [Same street] 44 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LS | £390,000 | 05/04/2023 | Terraced | | [Same street] 71 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LS | £618,000 | 14/12/2022 | Detached | | 15 FLORENCE ROAD, FLEET, HART, HAMPSHIRE, GU52 6LG | £640,000 | 20/10/2022 | Detached | | 24 OSBORNE DRIVE, FLEET, HART, HAMPSHIRE, GU52 7LL | £890,000 | 09/08/2022 | Detached | | 4 VELMEAD CLOSE, FLEET, HART, HAMPSHIRE, GU52 7LR | £705,000 | 22/07/2022 | Detached | | 5 OSBORNE DRIVE, FLEET, HART, HAMPSHIRE, GU52 7LL | £755,000 | 29/04/2022 | Detached | | 1A OSBORNE DRIVE, FLEET, HART, HAMPSHIRE, GU52 7LL | £605,000 | 22/04/2022 | Detached | | 10 MAGNOLIA WAY, FLEET, HART, HAMPSHIRE, GU52 7JZ | £605,000 | 22/04/2022 | Detached | | 15B WARREN CLOSE, FLEET, HART, HAMPSHIRE, GU52 7LT | £570,000 | 27/01/2022 | Detached | | 16 VELMEAD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LJ | £810,000 | 10/12/2021 | Detached | | 17 WARREN CLOSE, FLEET, HART, HAMPSHIRE, GU52 7LT | £660,000 | 30/07/2021 | Detached | | 7 GORSEWAY, FLEET, HART, HAMPSHIRE, GU52 7NA | £765,000 | 28/06/2021 | Detached | | 22 LARCHFIELD ROAD, FLEET, HART, HAMPSHIRE, GU52 7LW | £625,000 | 25/06/2021 | Detached | **Street average:** £586,000 (3 sales) **Area average:** £666,029 (17 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £710,625 (36 Detached, GU52, 2024–2026) - **Deviation:** -22.6% ## Rental Range *ONS Price Index of Private Rents (Hart). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,273/mo - **Realistic:** £1,414/mo - **Optimistic:** £1,555/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Blackwater Valley (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,291/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 3 Bed Terraced House, Clarence Road, GU51 | £2,150/mo | 3 | 0.62 miles | OpenRent | | 3 Bed Flat, Elvetham Road, GU51 | £1,550/mo | 3 | 1.14 miles | OpenRent | **Average rent: £1,850/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.34% (weak for cashflow) - **Max investor price (0.8%):** £231,250 - **Target investor price (1%):** £185,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,850/mo).* - **Gross yield:** 4% - **Cost-to-rent:** 24.8× - **Monthly cashflow:** £-526/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £6,044/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 12.3% - **10y growth:** 38.2% ## House Price Index (HM Land Registry) *Official index for Hart; Detached series; as of March 2026.* - **1y growth (index):** 3.3% - **5y growth (index):** 18.4% - **10y growth (index):** 28.9% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)