Renovated Investment Property in Yamato: "Rojuman Nishitsuruma" Owner-Change Rental House
This property, "Rojuman Nishitsuruma," is a fully renovated detached house for sale in Yamato City, Kanagawa Prefecture. It is an owner-change property, meaning it is currently tenanted and being sold as an investment. The price is 19,800,000 JPY. Built in January 1983, this two-story wooden structure sits on a 58.37 sqm (approx. 17.65 tsubo) plot of land with a building area of 51.33 sqm (approx. 15.52 tsubo). The layout is a 3DK, comprising two 6-tatami Japanese-style rooms, one 6-tatami Western-style room, and a 5-tatami dining-kitchen.
The property has undergone a comprehensive interior and exterior renovation, significantly reducing future repair costs for the owner. The renovation work was completed in stages: the exterior (exterior walls and roof) in April 2025, and the interior (water fixtures, kitchen, bathroom, toilet, washroom, plumbing, water heater, and full interior finishes including floors, walls, ceilings, and fittings) in May 2025. Key equipment includes a system kitchen, unit bath with bath dryer and heating, shower-equipped vanity dresser, washlet toilet, monitor intercom, downlights, and storage in all rooms. The property features propane gas, electricity, and public water and sewer systems.
Special notes highlight the property's location in a quiet residential area, with no buildings directly in front. The lot is a regular shape facing a south-facing road, ensuring excellent sunlight. A notable feature is the two-sided natural light exposure in all rooms. The property includes one free parking space. The projected annual rental income is 1,260,000 JPY, with an estimated annual yield of 6.36%.
The property is situated in Nishitsuruma, Yamato City, a well-connected residential area. It is a 13-minute walk from Tsuruma Station on the Odakyu Enoshima Line, providing direct access to Shinjuku and the Shonan coast. An interesting local fact is that Yamato City is home to the Yamanouchi district, known for its historical connection to the Kamakura period and its many ancient temples and shrines. The closest major tourist attraction is the Tanzawa-Oyama Quasi-National Park, a vast mountainous area popular for hiking, camping, and enjoying spectacular natural scenery, located a short drive or train ride to the west.
