![[Assessed 160.5%] Apartment building in Kiyose, Tokyo — 9 min from Kiyose Sta.](https://img.rakumachi.jp/c/property/o2IWUFZ9d24oX7hAPCj2wg__/116881330_x4y4)
[Assessed 160.5%] Apartment building in Kiyose, Tokyo — 9 min from Kiyose Sta.
Property Overview
| Location | Kiyose, Tokyo |
| Nearest Station | Seibu Ikebukuro Line Kiyose Sta. |
| Walk | 9 min walk |
| Assessed Ratio | 160.5%Assessed 160.5% |
| Price | ¥90,000,000 |
| Type | Apartment building |
| Expected Yield | 5.6% |
| Structure | Wooden |
| Built | Built Jan 2023 (3 years old) |
| Land Area | 356.03㎡ |
| Building Area | 338.76㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| Rakumachi | ¥90,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥80,106,750 |
| Building assessed value | ¥64,364,400 |
| Total assessed value | ¥144,471,150 |
| Asking price | ¥90,000,000 |
| Assessed ratio | 160.5% |
Calculation basis
- Land = road price ¥225,000/m² × land area 356.03m²
- Building = replacement cost ¥220,000/m² × floor area 338.76m² × remaining life 19y ÷ statutory life 22y
- Built Jan 2023 (3 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +9.8%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 205,000 | — |
| 2025 | 215,000 | +4.9% |
| 2026 | 225,000 | +4.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than reproducing the listing as-is, we built the land and building valuations from the road price and the building age, and checked three years of road price history.
What We Could Not Confirm
- We did not retain the sheet number of the road price map consulted when the article was written, so no source link is shown for the road price.
- We have no record of checking the frontage road or approach from listing photos, so we recommend confirming retaining walls and level differences on site.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
A two-storey wooden apartment building in Matsuyama 2-chome, Kiyose City, a 9-minute walk from Kiyose Station on the Seibu Ikebukuro Line. A Seiyu store connected to the station's north exit by pedestrian deck stays open until 23:00, and Ikebukuro is about 25 minutes away without changing trains.
Built in January 2023, the property is still new. It has five family-sized units in total: one 3SLDK and four 2LDK. All units are currently occupied, with projected annual income of 5.052 million yen and a gross yield of 5.60%. The seller states that the exterior walls, roof and stairs were repainted in 2023 and that every tenant has renewed at least twice. The land is 356.03 sqm (registry) held in freehold, zoned Category I Mid/High-Rise Exclusive Residential with a 60% building coverage ratio and a 200% floor area ratio.
On the assessment side, the inheritance-tax roadside land value for Matsuyama 2-chome is 225,000 yen/sqm for 2026 (a conservative representative point), up 9.8% over three years. The land assesses at roughly 80.11 million yen and the three-year-old building at roughly 64.36 million yen (19 years of useful life remaining), for a total of about 144.47 million yen. Against the 90 million yen asking price the assessed ratio is 160.5%, with both land and building contributing.
One caveat: the listing leaves the road frontage and private-road burden fields blank, so the effective buildable land area needs to be confirmed against the cadastral map and on site. Please check the source listing for details.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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