For SaleDetached HouseAkiya

Joyo Terada Property with Garage

Terada Mitosaka, Joyo City, Kyoto
Asking Price
¥7,300,000
Est. Net Yield: 10.16%
Joyo Terada Property with Garage - 1/12
1 / 12

Executive Summary

This is a two-story wooden detached house built in February 1970, located in Terada Mitosaka, Joyo City, Kyoto. It is situated a 5-minute walk from Joyo Station on the Nara Line. The building area is 56.6 sqm with a 4DK layout, equipped with parking space, and professional house cleaning has been completed. The land area is 64.27 sqm (official registry) with ownership rights, located in a Category I Low-rise Residential Zone with a building coverage ratio of 50% and a floor area ratio of 80%, fronting a 6-meter-wide public road on the north side. The property is currently vacant, and handover timing is open for discussion. Nearby facilities include a bank (227m, 3-minute walk), convenience store (300m, 4-minute walk), municipal office (468m, 6-minute walk), and supermarket (473m, 6-minute walk). Please note that this transaction is on an as-is basis with exemption from seller liability for contractual non-conformity; the building includes an unregistered extension, encroaches onto the neighboring land on the east side, and has an old septic tank buried underground.

Property Details

Building Area
56.6 ㎡
Layout
4DK
4 bedrooms + dining kitchen
Structure
Wood
Built Year
1970
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥850,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Land area
64.3 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 1 low-rise residential zone
Building coverage / floor area ratio
50% / 80%
Road access
North side Public road 6 m wide 5.2 m frontage
Setback
None
Private road share
None
Legal restrictions
高度

Costs besides the price

Parking
Yes · Free · 車種による

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 614 m
To junior high school
about 481 m

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Gross Yield11.67%
Est. Net Yield10.16%

Based on the rent under the current lease.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
11.67%
Est. Net Yield
10.16%
If sold after 10 years (before tax)
Annual return (IRR)
9.4%
Net gain
+¥7,090,000
Gain on total investment +89.5%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥7,300,000+¥810,000¥-150,000-2.0%-2.0%
2yr¥7,300,000+¥1,610,000+¥650,000+8.2%4.2%
3yr¥7,300,000+¥2,420,000+¥1,460,000+18.4%6.4%
4yr¥7,300,000+¥3,220,000+¥2,260,000+28.5%7.4%
5yr¥7,300,000+¥4,030,000+¥3,070,000+38.7%8.1%
6yr¥7,300,000+¥4,830,000+¥3,870,000+48.8%8.5%
7yr¥7,300,000+¥5,640,000+¥4,680,000+59.0%8.8%
8yr¥7,300,000+¥6,440,000+¥5,480,000+69.2%9.1%
9yr¥7,300,000+¥7,250,000+¥6,290,000+79.3%9.2%
10yr¥7,300,000+¥8,050,000+¥7,090,000+89.5%9.4%

Assumptions

  • Total investment ¥7,925,000 (price ¥7,300,000 + purchase costs ¥625,000)
  • No management fee or repair reserve (you own the whole building)
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥625,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥130,000
Registration License Tax (title transfer)¥60,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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