Student District Property in Tokyo

Below 8M Yen With 9% Gross Yield Property in Tokyo

Dear our important clients,

Hi. Everyone.

Today’s property I recommend is Ekkoda property in Tokyo.

Ekoda area is known for student district and very convinient area as well.

Just 3 station from Ikebukuro (池袋) station to Ekoda (江古田) station as shown below.

Please check it!!

Name: Grace Ekoda (グレイス江古田)

Price: 7,300,000Yen 

Address: 東京都練馬区栄恵町9-7

Google map: https://goo.gl/maps/5R3BLA9kset7X5Qe9

Access: 3 mins walk to Ekoda station (江古田駅)

Structure: RC

Land Rights: Freehold

Number of total units: 57

No.of Floor:6F

Unit Floor: 4F  

 Unit Number: #411 ※Corner room!!

Built Year: March 1990

Building Management/Maintenance Fee: 13,200 yen/month

Type of unit: 1R

Size: 16.69 sqm (center line of wall)

Balcony size: 2.35 sqm

Occupancy: Occupied

Rent: 55,000 yen/month 

Gross yield: 9.04% 

Balcony facing: Northeast

Other: Elevator, Space for washing machine in the room

(Tenancy info)

Japanese male, 20 years old, Student of Rikkyo university

Lease contract: Started from Nov 16th 2019 until Nov 15th 2021. It is 2 years renew.

Guarantor: His father

Rent guarantee company: Yes

(Photos)

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

If you are interested in this property, please inquire me as soon as you can!!

Please click the link below to see our other listings.

I upload around 40 new listings a week so please check it!!

https://realestate.co.jp/en/real-estate-agent/details/2644

Thank you.