Investment Property in Yokosuka Near Horinouchi Station
This detached house located in Yokosuka City, Kanagawa Prefecture, is being offered as an investment property currently under a rental agreement. The property is situated within walking distance of Horinouchi Station on the Keikyu Main Line, offering convenient access to public transport. The gross yield is calculated at 9.5 percent. Prior to the current lease agreement, extensive repairs were conducted, ensuring the building is in good condition. This property is ideal for investors seeking a stable rental asset in a location with consistent demand.
The property features a layout of 5LDK, with a building area of 102.35 square meters and a land area of 251.12 square meters. It is a two-story wooden structure built in January 1975. Utility provisions include public water supply, main sewerage, and individual LPG gas. There is no dedicated parking space. The land rights are freehold. The property is located in a Category 1 residential zone and is subject to regulations under the Landscape Law, as well as development permit areas, high-use districts, quasi-fire prevention zones, and building restrictions due to its location at the base of a cliff.
The surrounding area is a residential neighborhood on elevated ground, with multiple train lines accessible, including the Keikyu Kurihama Line's Shin-Otsu Station and Keikyu Otsu Station. The property faces east onto a road with a width of 2 meters.