Spacious 1DK Apartment in Serene Setagaya with Investment Potential
This well-maintained 1DK apartment, built in September 2002, offers a comfortable living space of 32.58 sqm (approximately 9.85 tsubo) in the desirable and quiet residential neighborhood of Kamiyoga, Setagaya Ward, Tokyo. The property is situated on the 2nd floor of a 3-story reinforced concrete (RC) building, providing a secure and stable structure. The layout includes a 5.8-tatami mat Western-style room and a combined dining-kitchen area of 7.6 tatami mats, featuring a system kitchen. The apartment benefits from an east-facing primary exposure, ensuring good natural light.
Key equipment and features include an auto-lock security system with a monitor intercom, surveillance cameras for enhanced safety, and an elevator for convenience. The unit is fully equipped with air conditioning in all rooms, a toilet with a warm-water bidet seat and reheating function, an automatic bath system, ample storage space including a shoe-in closet, and wooden flooring throughout. The building also offers amenities such as a parcel delivery box and cable broadcasting. A notable feature is the unit's advantageous positioning, with over 2 meters of distance from adjacent buildings. This not only provides privacy and reduces the direct transmission of everyday noise to neighbors but is also beneficial from a fire prevention perspective.
Currently tenanted, this property presents an attractive investment opportunity with a projected annual rental income of 1,584,000 yen and an estimated yield of 3.97%. The monthly maintenance fee is 12,800 yen, with a repair reserve fund of 7,630 yen. The building is managed by a homeowners' association with full outsourcing and daytime management staff. The sale price is 39,800,000 yen.
The area of Kamiyoga is known for its peaceful, family-friendly atmosphere. A short 11-minute walk will take you to Yoga Station on the Tokyu Den-en-toshi Line, providing direct access to Shibuya and central Tokyo. For recreation, the expansive Tokyo Metropolitan Kinuta Park is just 150 meters away, offering vast green spaces, walking paths, and sports facilities—a rare urban oasis. The neighborhood provides convenient daily shopping with OK Supermarket and various convenience stores and restaurants within easy walking distance.