Investment Opportunity: Single-Family House in Nogata City
This property presents a compelling investment opportunity in Nogata City, Fukuoka Prefecture. It is a single-family wooden house built in May 1955, offering a total floor area of 85.29㎡ (approximately 25.8 tsubo) across a single-story layout. The interior is configured as a 4DK, comprising two Western-style rooms (6㎡ each), two Japanese-style rooms (6㎡ and 4.5㎡), and a kitchen (3㎡). The land area is a generous 250.64㎡ (approximately 75.81 tsubo), providing ample outdoor space.
Critical agent notes have been provided. The property's road access details are specified as follows: it fronts on one side, with a breakdown showing a 3-meter wide public road to the west. Importantly, the remarks state that the property is "non-rebuildable" and that there is a monthly parking fee burden of 5,000 yen. This indicates that the existing structure cannot be demolished and rebuilt, and while the property listing states "no parking," a monthly parking space is available nearby at an additional cost.
The property is currently tenanted, making it an immediate income-generating asset. The listing highlights an impressive projected annual yield of 21.8%, based on anticipated annual income of 480,000 yen. It is situated in a First Category Low-Rise Exclusive Residential Zone within an urbanization promotion area. The land is rectangular and level.
The area of Nogata City offers a blend of residential tranquility and access to nature. An interesting local fact is that the city is part of the larger Chikuhō region, historically known for its coal mining heritage, which shaped much of northern Kyushu's development. For recreation and tourism, residents and visitors can explore the scenic Kawachi Wisteria Garden in nearby Kitakyushu, famous for its breathtaking, colorful tunnels of blooming wisteria, which is a major seasonal attraction.
