Renovation Opportunity in Fujimi City with High Rental Investment Potential

This property is a two-story wooden house built in May 1971, located in Fujimi City, Saitama Prefecture. The layout is a 3K configuration, featuring three Japanese-style rooms (each 4.5 tatami mats) and a kitchen (3 tatami mats). The total building area is 44.71 sqm (approximately 13.52 tsubo), situated on a 62 sqm (approximately 18.75 tsubo) plot of land. The property is currently vacant and ready for immediate handover.

According to the agent's notes, the property requires renovation. However, its location within walking distance of the popular Fujimino Station makes it attractive not only for owner-occupiers but also as a rental investment with the potential for high yield. The property faces south for primary sunlight exposure and includes a balcony/yard. There is no dedicated parking space. Utilities available include propane gas, electricity, and public water and sewer systems.

Critical legal notes have been provided. The property includes additional public road land plots of 241 sqm (1/18 share) and 10 sqm (1/9 share) as part of the sale. Most importantly, the agent specifies that the property does not meet road frontage requirements for rebuilding; therefore, reconstruction is not permitted. The land is classified as Category I Low-Rise Exclusive Residential District within the urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 100%.

The area of Fujimi City offers a pleasant residential environment. An interesting local fact is that the city is part of the broader "Fujimi" area, whose name poetically means "view of Mount Fuji," reflecting the clear views of Japan's iconic mountain that were once possible from the region. The closest major landmark is the historic Kawagoe City, often called "Little Edo" for its beautifully preserved old merchant houses and warehouse district, located a short drive or train ride away.