Investment Opportunity: Spacious 3K House in Katsushika, Tokyo
This property presents a compelling investment opportunity as a currently tenanted detached house in Tokyo's Katsushika Ward. The house is conveniently located just a 6-minute walk from Horikiri Shobuen Station on the Keisei Main Line, with Ohanajaya Station also accessible within a 9-minute walk. This excellent access ensures high rental demand, making it an attractive asset.
According to the agent's notes, the property is a well-equipped home. The bathroom features a window for natural light and ventilation, and utilities include city gas, a public water supply, and a sewer system. The land is described as a regular-shaped plot (整形地), which is advantageous for potential future redevelopment or construction. The property is also noted as being eligible for reconstruction (再建築).
The financial details are clearly outlined. The property is priced at 17.6 million yen. It is currently generating a planned annual rental income of 1.2 million yen, resulting in a projected gross yield of 6.81%. The building is a two-story wooden structure built in March 1969, with a total floor area of 64.44 sqm (approximately 19.49 tsubo) arranged in a 3K layout. The land area is 46.14 sqm (approximately 13.95 tsubo), with an additional private road area of 94.36 sqm shared at a 1/9 ratio. The property is situated in a Quasi-Residential zone with a building-to-land ratio of 60% and a floor area ratio of 200%.
The Katsushika area offers a blend of traditional and natural attractions. A notable local landmark is the Horikiri Iris Garden (堀切菖蒲園), famous for its beautiful irises and a history of cultivation dating back to the Edo period. For a major tourist destination, the historic Senso-ji Temple in Asakusa is easily accessible via the Keisei Line, providing a direct connection to one of Tokyo's oldest and most visited sites.
