Renovated 1LDK Apartment in Setagaya with High Rental Yield Potential
This property is a 1LDK apartment located in the desirable Setagaya Ward of Tokyo, specifically in the Kinu-2-chome area. The apartment is on the 2nd floor of a 4-story reinforced concrete (RC) building constructed in June 1972. It features a corner unit layout with windows on two sides, ensuring excellent natural light throughout all rooms. The property has undergone a full-scale renovation from a skeleton state, completed in March 2024, making it essentially move-in ready.
Key features and equipment translated from the agent notes include a dedicated toilet with a warm-water washing bidet seat, a separate bath and toilet, a bath with auto-fill and reheat function, a shower, a bathroom dryer, a window in the bathroom, a washroom with a washstand, a system kitchen with a gas cooktop (3 burners) and a water purifier. Storage is ample with dedicated storage spaces and a closet. The unit is equipped with air conditioning, a designated indoor space for a washing machine, and flooring throughout all rooms. Security features include a monitor-equipped intercom. Utilities are city gas, water supply, sewerage, and hot water. The building offers a bicycle parking area (currently vacant) but no parking or motorcycle parking spaces. A special note highlights that all rooms benefit from two-sided natural light.
The apartment is positioned as an excellent investment with a projected monthly rent of 130,000 yen and an annual rental income of 1,560,000 yen, yielding a high estimated return of 8.76%. Pet ownership is negotiable (応相談). The building is self-managed by a management association without a resident superintendent, with a management company overseeing operations.
