For SaleCondominium

Tsudanuma Heights

Tsudanuma 1-chome, Narashino-shi, Chiba
Asking Price
¥36,800,000
Tsudanuma Heights - 1/10
1 / 10

Executive Summary

This property is on the 7th floor of Tsudanuma Heights, a 13-story steel-framed reinforced concrete (SRC) condominium built in March 1977, located in Tsudanuma 1-chome, Narashino-shi, Chiba. Transportation access includes a 5-minute walk from Shin-Tsudanuma Station on the Keisei Electric Railway Matsudo Line, a 7-minute walk from Tsudanuma Station on the Sobu-Chuo Local Line, and an 11-minute walk from Keisei-Tsudanuma Station on the Keisei Electric Railway Main Line. The unit features an east-facing 3LDK layout with a floor area of 79.5 sqm and a balcony area of 7.69 sqm. Facilities include a system kitchen, dishwasher, bathroom dryer, reheating function, auto-lock with monitor, elevator, and delivery box. Renovation of the wet areas (kitchen, bathroom, toilet, washroom, water supply and drainage pipes) and full interior (floors, walls, ceilings, fixtures) was completed in July 2026. The land right is ownership, the current status is vacant, and immediate handover is available. There is no building in front.

Property Details

Building Area
79.5 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1977
Floors
Floor 7 of 13
Earthquake Std.
Old Seismic Standard
Transport
  • Shin-Tsudanuma Station
    Keisei Matsudo Line
    Walk 5 min
  • Tsudanuma Station
    Chuo-Sobu Line Local
    Walk 7 min
  • Keisei-Tsudanuma Station
    Keisei Main Line
    Walk 11 min
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 rights
Freehold

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
ホームライフ管理株式会社
Total units
118 units

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

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Not within a published hazard areaFlooding from rivers without a published assessment, and flooding caused by overwhelmed drainage, is not included.
Storm surge
Not within a published hazard area
Tsunami
Not within a published hazard area
Landslide
Not within a published hazard area
Liquefaction
Unlikely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Published records
No published record was found at this point or within about 300 m

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Urbanization promotion area (designated for urban development)
Zoning (use district)
Category I residential zone
Floor area ratio · Building coverage ratio
Floor area ratio 300% · Building coverage ratio 60%

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

新津田沼 (新京成電鉄)
About 59,471 passengers per day (FY2023)About 200 m in a straight line
津田沼 (東日本旅客鉄道)
About 175,640 passengers per day (FY2023)About 430 m in a straight line
京成津田沼 (京成電鉄)
About 57,251 passengers per day (FY2023)About 490 m in a straight line
Public elementary school district
藤崎小学校 (習志野市立)School districts are set by the municipality and may change.
Nearest elementary school
習志野市立津田沼小学校About 740 m in a straight line
Nearest junior high school
習志野市立第五中学校About 350 m in a straight line
Nearest high school
千葉県立津田沼高等学校About 1,950 m in a straight line
Nearest university, junior college or technical college
千葉工業大学About 390 m in a straight line
Nurseries and kindergartens
Within 500 m: 4 / within 1 km: 13
Nearest hospital (within 1 km)
医療法人社団睦会 いけだ病院About 490 m in a straight line / Hospitals within 1 km: 3
Clinics
Within 500 m: 13

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

2025 (estimate)
about 682 people
2050 (estimate)
about 627 people (-8.1% vs 2025)
Share aged 65 and over
28.1% → 35.1% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

Nearby land prices

Residential land · about 72 m
¥422,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+8.2% vs last year)
Residential land · about 362 m
¥430,000/㎡Prefectural land price survey · 7/1/2026 (+6.2% vs last year)
Commercial land · about 391 m
¥1,900,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+11.8% vs last year)

Prices of representative lots selected by the national or prefectural government. They do not indicate the price or value of this property.

Nearby transactions

Overview (2025 Q1 – 2026 Q1)
52 records · median ¥386,425 per ㎡ (middle half: ¥312,637 – ¥543,810)Records for Tsudanuma 1-chome, Narashino-shi (used condominiums etc.)

Recent records with a similar floor area

2026 Q1
¥36,000,000・70 ㎡・3LDK・built 1986Contract price information
2026 Q1
¥54,000,000・85 ㎡・3LDK・built 1987Contract price information
2026 Q1
¥22,000,000・70 ㎡・2LDK+S・built 1977Contract price information
2026 Q1
¥40,000,000・70 ㎡・2LDK・built 2006Contract price information
2025 Q4
¥50,000,000・70 ㎡・2LDK・built 2005Transaction price information (survey-based)

Records of actual transactions published by the Ministry of Land, Infrastructure, Transport and Tourism. They do not reflect individual circumstances such as floor, orientation or condition, and are not an evaluation of this property's price.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/15/2026

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
3.53%

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)
2.7%
Net gain
+¥10,070,000
Gain on total investment +25.6%
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¥36,800,000+¥1,390,000¥-2,450,000-6.2%-6.2%
2yr¥36,800,000+¥2,780,000¥-1,060,000-2.7%-1.4%
3yr¥36,800,000+¥4,170,000+¥330,000+0.8%0.3%
4yr¥36,800,000+¥5,560,000+¥1,720,000+4.4%1.1%
5yr¥36,800,000+¥6,950,000+¥3,110,000+7.9%1.6%
6yr¥36,800,000+¥8,340,000+¥4,500,000+11.4%2.0%
7yr¥36,800,000+¥9,740,000+¥5,890,000+15.0%2.2%
8yr¥36,800,000+¥11,130,000+¥7,290,000+18.5%2.4%
9yr¥36,800,000+¥12,520,000+¥8,680,000+22.0%2.6%
10yr¥36,800,000+¥13,910,000+¥10,070,000+25.6%2.7%

Assumptions

  • Total investment ¥39,350,400 (price ¥36,800,000 + purchase costs ¥2,550,400)
  • Management fee and repair reserve: ¥348,000 per year
  • 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.)
¥2,550,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,280,400
Real Estate Acquisition Tax (est., rate varies by property type)¥660,000
Registration License Tax (title transfer)¥330,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥270,000

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

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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.

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