For SaleDetached HouseAkiya

Pre-owned Detached House with Land

Shiomi 4-chome, Wakkanai-shi, Hokkaido
Asking Price
¥600,000
Pre-owned Detached House with Land - 1/17
1 / 17

Executive Summary

This is a 2-story wooden detached house built in February 1976, located in Shiomi 4-chome, Wakkanai-shi, Hokkaido. It is located a 26-minute walk from Minami-Wakkanai Station on the Soya Main Line. The building area is 103.3 sqm with a 5LDK layout, equipped with parking, and connected to public water, public sewer, and propane gas. The interior shows aging and damage, requiring repair and renovation. The land area is an officially registered 200.07 sqm flat freehold plot, located in a Category I Residential Zone (building-to-land ratio: 60%, floor area ratio: 200%), and fronts a 5m wide public road on the north side. The property is currently vacant and available for immediate handover. Nearby facilities include a post office (318m / 4-minute walk), a bank (494m / 7-minute walk), a drugstore (619m / 8-minute walk), a convenience store (664m / 9-minute walk), and a medical institution (754m / 10-minute walk).

Property Details

Building Area
103.3 ㎡
Layout
5LDK
5 bedrooms + living, dining & kitchen
Structure
Wood
Built Year
1976
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land area
200.1 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Non-delineated city planning area
Zoning
Category 1 residential zone
Building coverage / floor area ratio
60% / 200%
Road access
North side Public road 5 m wide
Setback
None
Private road share
None
Terrain
Flat

Costs besides the price

Parking
Yes · ・車庫付き ・敷地内に小型車1台可能

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 889 m
To junior high school
about 889 m

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
2.86%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
-7.0%
Net gain
¥-440,000
Gain on total investment -44.2%
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¥600,000+¥30,000¥-690,000-69.9%-69.9%
2yr¥600,000+¥60,000¥-660,000-67.1%-43.7%
3yr¥600,000+¥90,000¥-640,000-64.2%-30.6%
4yr¥600,000+¥110,000¥-610,000-61.3%-22.9%
5yr¥600,000+¥140,000¥-580,000-58.5%-17.9%
6yr¥600,000+¥170,000¥-550,000-55.6%-14.4%
7yr¥600,000+¥200,000¥-520,000-52.8%-11.8%
8yr¥600,000+¥230,000¥-490,000-49.9%-9.9%
9yr¥600,000+¥260,000¥-470,000-47.0%-8.3%
10yr¥600,000+¥280,000¥-440,000-44.2%-7.0%

Assumptions

  • Total investment ¥990,500 (price ¥600,000 + purchase costs ¥390,500)
  • 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.)
¥390,500
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)¥10,000
Registration License Tax (title transfer)¥0
Stamp Duty (purchase agreement)¥500
Judicial Scrivener & Other Fees (est.)¥50,000

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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