Property Overview: Renovation Opportunity in Kikuchi City, Kumamoto
This property is a kominka (traditional Japanese house) located in Kikuchi City, Kumamoto Prefecture. It was previously purchased as a rental property through an owner-change transaction and was rented out for several years. The property is now vacant and is being offered as a land with an old house (old house attached land). The asking price is 1,700,000 yen, which is negotiable.
The land area is 596.94 square meters (approximately 180.89 tsubo), and the building has a floor area of 123.78 square meters. The structure is wood-framed. The property is being sold in its current condition (現状有姿) and as a boundary survey-based transaction (公簿売買).
The property requires significant repairs. There is a roof eave that has fallen due to heavy rain, and the interior has not been maintained, resulting in considerable damage and a roof leak. The second-floor ceiling features large beams. Bamboo groves are encroaching from the adjacent land and require periodic cutting. Weeds have also grown in the garden. The road in front of the property is narrow and difficult to access, though vehicle entry is possible.
Items left by the previous tenant are currently being requested for removal by the end of May. The seller has difficulty conducting property viewings in person and asks that interested parties visit the property directly to inspect the interior. The property is located in the Nishihazama area of Kikuchi City. Nearby points of interest include Kikuchi Park (1.3 km away) and the Kikuchi Castle Ruins (3.3 km away).
This property is ideal for someone looking for a workshop, storage space, a new home construction site, or for those who appreciate a kominka. The price has been reduced to account for repair and demolition costs.