Investment Opportunity in Bando City, Ibaraki

This property presents a compelling investment opportunity in Bando City, Ibaraki Prefecture. The listing is for a used detached house priced at 990,000 JPY. The building is a two-story wooden structure built in January 1975, with a total floor area of 50 sqm (approximately 15.12 tsubo) and a layout of 1DK. The land area is a generous 161.14 sqm (approximately 48.74 tsubo) and is designated as residential land with full ownership rights. The property is situated on a corner lot with road frontage to the southeast (5m wide public road) and east (3.5m wide public road). The building-to-land ratio is 60% and the floor area ratio is 200%. The property is currently vacant and ready for immediate handover.

Key equipment and features include propane gas and a cesspit system. Important special notes from the agent specify that the judicial scrivener and gas company are designated by the seller, the property boundaries are not explicitly marked, and the building is unregistered, meaning the exact construction date is unknown. The transaction is handled as a general intermediary service. The agent also notes that the floor plan is subject to the actual current condition of the property.

The area of Bando City in Ibaraki offers a blend of rural tranquility and accessibility. An interesting local fact is that the city is part of the former Sashima District, known historically for its connection to the Tone River and its role in regional agriculture and water transport. The closest major landmark is the famous Koga Ninja Mansion (Koga Ninja Yashiki), located approximately a 30-minute drive away in Koga City. This historical site, once home to ninja clans, offers a fascinating glimpse into Japan's feudal past and is a popular tourist attraction.