Property Overview: A 4LDK Detached House in Nara City with Investment Potential
This property is a two-story wooden detached house located in Fujiwara-cho, Nara City, Nara Prefecture. The building, constructed in December 1992 (34 years ago), offers a total floor area of 98.01 square meters (approximately 29.6 tsubo) on a land area of 165.29 square meters (approximately 50.0 tsubo). The layout is a 4LDK, providing ample living space. The property is an owner-change property, meaning the current owner is an investor, and it comes with a current tenant in residence. The current monthly rent is 68,000 yen, resulting in a present gross yield of 14%. The property features a southwest-facing main facade and includes two parking spaces. It is connected to city gas and is located in a low-rise exclusive residential zone. The building coverage ratio is 30.0%, and the floor area ratio is 200.0%. The land right is freehold (ownership right).
The property is situated in a residential area of Nara City. Public transportation options include taking a bus from Kintetsu Nara Station (Kintetsu Nara/Namba Line) for 18 minutes to the "Fujiwara-dai" stop, followed by a 9-minute walk. Alternatively, from JR Nara Station (Nara Line), a bus ride of 24 minutes to the same stop is followed by a 9-minute walk. The nearest train stations are JR Obasute Station (3240m away) and JR Kyobate Station (3320m away). The property is currently occupied by the owner. Delivery conditions are negotiable. The road frontage is a private road with a width of 4.6 meters, facing north, with one side of road access. There is no setback required. The land is categorized as residential land within an urbanization promotion area. The National Land Use Law does not apply. The transaction is a brokerage arrangement.
The agent, House-do Nara Jingu (a branch of T.K. Corporation), provides extensive support for prospective buyers. They offer free consultations and appraisals. They can assist with various concerns, including worries about mortgage eligibility after a job change, mortgage concerns for self-employed individuals, concerns about car loans or other existing debts, guidance for those new to house hunting, future financial planning, confidential property sales, properties with existing mortgages, selling a current home to relocate, inherited vacant properties, and urgent cash needs. The agent invites potential buyers to contact them by phone, email, or in-store visit for a clear and thorough consultation.
