Traditional Kominka with Renovation Potential in Tochigi
This property is a traditional Japanese kominka (old folk house) located in a quiet residential area of Kanuma City, Tochigi Prefecture. The structure is a two-story wooden building constructed in January 1974. The total building area is approximately 80 sqm (about 24.2 tsubo), with a total land area of 694 sqm (about 209.93 tsubo). The property includes two separate buildings, a free-standing single-story house, and additional structures such as a toilet, storage shed, and a fireproof warehouse. There is also an unregistered roofed extension. When all structures are combined, the total floor area reaches approximately 120 sqm. The layout is flexible and can be changed; for example, it could be reconfigured into a 6LDK layout, and the living room could be expanded to over 20 tatami mats in size.
The property is currently tenanted, with an estimated annual rental income of 340,000 yen, resulting in a projected annual yield of 26.15%. Possession is available immediately. The land is freehold ownership, zoned as residential land in a non-city planning area with no specific use district designation. The building-to-land ratio is 60% and the floor area ratio is 200%.
Equipment and features include two toilets, a bathroom of 1 tsubo or more, a 2-burner stove, storage in all rooms, closets, BS/CS/CATV terminals, fiber-optic internet capability, indoor drying space, storm shutters, shutters, lighting fixtures, and running water. Special notes indicate the property is suitable for two-generation living, is in a quiet neighborhood, has no building directly in front, benefits from 2-3 sided sunlight exposure, and has adjacent buildings over 2 meters away.
The area of Kanuma is known for its rich cedar heritage and traditional woodworking, particularly 'Kanuma Kiri' (paulownia wood) crafting. The region offers a serene lifestyle close to nature. The closest major landmark is the historic and beautiful Nikko Toshogu Shrine, a UNESCO World Heritage site located within the neighboring city of Nikko, renowned for its intricate carvings and stunning mountain setting.