Affordable Investment or DIY Project in Saitama's Quiet Residential Area
This property presents an excellent opportunity for first-time investors or DIY enthusiasts seeking a low-cost entry into the Japanese real estate market. Priced at just 2.5 million yen, this two-story wooden house, built in July 1989, offers a 5DK layout with a total floor area of 70.38㎡ on a 142.46㎡ plot. The property is currently vacant and ready for handover, subject to consultation.
Translated agent notes provide essential details: The property is equipped with underfloor storage, bay windows, propane gas, electricity, a water supply, a septic tank, and side gutters. It is situated in a quiet residential neighborhood. Important special notes include: the contract may not fully comply with all terms; property boundaries are not explicitly marked (though there are blocks); unregistered extensions will be transferred as-is; there are slope regulations affecting rebuilding; there is evidence of past water leakage (though no repair history is documented); and the use of a specific judicial scrivener is required by the listing company.
The location in Saitama's Ōsato District offers convenient daily living, with a FamilyMart convenience store and supermarkets like Beisia within walking distance. For commuters, the Honda R&D Co., Ltd. (Honda Giken) Yorii Factory is approximately an 8-minute drive away. The area is part of the historic Chichibu region, known for its scenic beauty along the Arakawa River. A notable nearby landmark is the historic 鉢形城跡 (Hagagata Castle Ruins), a designated national historic site that was a significant fortress during the Warring States period, offering a glimpse into Japan's samurai history.