Property Overview: House in Itabashi, Tokyo

This property is a two-story wooden house located in Itabashi, Tokyo, offered through a court auction. The registered building type is a one-story residence with a wooden tile roof, while the actual structure is a two-story building with a zinc-coated steel sheet roof and cement tile roofing. The registered floor area is 26.44 square meters, but the actual measured floor area is approximately 41 square meters on the first floor and approximately 24 square meters on the second floor, totaling about 65 square meters. The layout includes one Western-style room, one Japanese-style room, and a kitchen on the first floor, and two Japanese-style rooms on the second floor.

The property is located at Nakadai 2-chome in Itabashi Ward, Tokyo. It is approximately 1 kilometer southwest of Shimura-Sanchome Station on the Toei Mita Line (about a 13-minute walk) and about 1.1 kilometers northeast of Kami-Itabashi Station on the Tobu Tojo Line (about a 14-minute walk). The property is also about 1.28 kilometers southwest of Shimura-Sakaue Station on the Toei Mita Line and about 1.33 kilometers northwest of Tokiwadai Station on the Tobu Tojo Line.

The base bid price for this auction is 460,000 yen, with a minimum bid price of 368,000 yen. The property is currently occupied by the debtor/owner. The gross yield is estimated at 96% or more, and the cap rate is 70% or more. The lease demand score is 24 out of 25 points. The auction is being conducted by the Tokyo District Court (Main), with the bid period from June 4, 2026, to June 11, 2026, and the sale decision date on June 25, 2026.