Spacious 3SLDK Detached House with Investment Potential in Saitama
This property is a detached house for sale located in Saitama Prefecture, specifically in the town of Sugito, Kitakatsushika District. The house, built in December 1970, offers a generous layout of 3 bedrooms, a living room, dining room, and kitchen (3SLDK) across two stories. The total floor area is 80.69㎡ (approximately 24.4 tsubo), with rooms including an 8-tatami Japanese-style room, a 9-tatami Western-style room, a 6-tatami Western-style room, a 12-tatami LDK, and a 3-tatami service room.
Key features and equipment include a south-facing primary light exposure, a balcony/yard, and parking availability. The property is equipped with propane gas, city water, and sewer systems. Important notes from the agent clarify several points: The registered land area is 161㎡, but after accounting for a legal setback, the effective usable area is approximately 113㎡. The building has been used like a warehouse, and the propane gas cylinders and water heater have been removed. For rebuilding a detached residence of the same scale, a permit under Article 29 of the City Planning Act is not required. The sale is conducted under the conditions of 'as-is, where-is,' based on the registered area, with no boundary markers indicated, and with a disclaimer for non-conforming contracts.
The property is currently tenanted, offering an immediate rental income stream. The projected annual rental income is 408,000 yen, yielding an estimated gross yield of 17.73%. The land is zoned as residential land within an Urban Planning Adjustment Area, with a building-to-land ratio of 60% and a floor area ratio of 200%. The terrain is flat, and road access is from two sides (excluding corner lots).
The area of Sugito offers a blend of suburban tranquility and accessibility. An interesting local fact is that the town is part of the historic Kitakatsushika District, an area known for its traditional agricultural landscapes. For recreation and tourism, residents can easily visit the popular Tobu Zoo, a major family attraction featuring a wide variety of animals and amusement park rides, located a short distance away.
