Compact Investment Property in Ogose, Saitama
This property is a single-story light-gauge steel structure house built in January 1976, located in a quiet residential area of Ogose Town, Saitama Prefecture. The layout is a 2DK, with a total building area of 42 square meters (approximately 12.7 tsubo) situated on a well-shaped, rectangular plot of land with a registered land area of 253 square meters (approximately 76.53 tsubo). The property fronts a 4-meter-wide public road on two sides and has a frontage of over 10 meters, offering good sunlight from two or three sides, with adjacent buildings set more than 2 meters away. There are no buildings directly in front.
Key equipment and features include a bath with re-heating function and a window, a 2-burner stove, storage in all rooms, a closet, air conditioning, BS/CS/CATV terminals, fiber-optic internet capability, storm shutters, roller shutters, lighting fixtures, and a public water supply. Special notes highlight the quiet neighborhood, the absence of buildings directly opposite, the regular-shaped lot, and the multi-aspect lighting.
Currently tenanted, the property offers an immediate handover. It presents a calculated annual rental income of 455,000 yen, projecting a high annual yield of 20%. The land is designated as residential land within an Urban Planning Adjustment Area with no specific use district, featuring a building-to-land ratio of 60% and a floor area ratio of 200%. The transaction is handled as a general intermediary.
Ogose Town in Saitama Prefecture is known for its natural hot springs (onsen) and is part of the Chichibu-Tama-Kai National Park region, offering lush mountainous scenery and outdoor activities. The area is conveniently served by several stations, including Ogose Station on the JR Hachiko Line, approximately a 20-minute walk away. A notable nearby landmark is the Ogose Plum Grove, a famous spot for viewing beautiful plum blossoms in early spring.
