[Assessed 89.2%] Detached house in Fuchu, Tokyo — 15 min from Bubaigawara Sta.

⚠️ The house's road frontage is a 4.0 m private road on the east side, and the listing says nothing about a share in that road or consent for passage and excavation (for example, to lay water, sewer or gas connections). The area of any private-road burden is not stated either, and we could not confirm a route price assigned to this private road on the route price map. In addition, the listing has only one low-resolution exterior photo, taken from the Niitagawa Greenway on the south side; the private road on the east and the north and west boundaries do not appear in it. The rights to the private road and any level differences or boundary conditions on the east, north and west sides need to be confirmed with the agent.

The house is in Minamicho 2-chome, Fuchu, Tokyo, a 15-minute walk from Bubaigawara Station on the Keio Line and 14–15 minutes from Fuchu-Hommachi Station on the JR Musashino and Nambu lines. The area is a Category 1 low-rise exclusive residential zone (building coverage 40%, floor area ratio 80%), and the south side of the lot faces the Niitagawa Greenway across a 2.0 m sidewalk. The building is a two-story wooden 3DK house built in June 1977 (49 years old) with 59.48 m² of floor area, on a 46.71 m² freehold lot (registered area) that is regularly shaped, about 7.4–7.5 m wide and 6.1–6.6 m deep. The floor area exceeds the limit calculated with the current 80% floor area ratio (about 37.4 m²), so a building of the same size may not be allowed if it is rebuilt.

The house is being sold with a tenant in place (owner change), with rent of 93,000 yen per month (1.116 million yen per year), giving a gross yield of 9.07% on the price of 12.3 million yen. The 2026 route price is 235,000 yen/m² (215,000 yen/m² in 2024 and 230,000 yen/m² in 2025). In Minamicho 2-chome, 235,000 yen/m² and 255,000 yen/m² appear on the same number of block-road sections, so we use the lower 235,000 yen/m² as the representative value. The wooden building is past its statutory useful life and valued at zero, so the assessed value is land only, about 89.2% of the price. At 255,000 yen/m² it would be about 96.8%, and even the district's lowest value of 230,000 yen/m² gives about 87.3%. The lot number is not disclosed, so the route price of the adjoining road has not been identified.

We checked all three listing photos (one exterior and two floor plans that double as lot plans). The house stands on flat ground at the same level as the greenway, with no retaining wall, step or stairs on the south boundary, and GSI elevation data show less than 1 m of height difference in the surrounding area. The lot plan shows it is not a flag-shaped lot, and the floor plan shows a gap of about 0.7 m to the west and north boundaries, which suggests a detached building, although the gap to the western neighbor cannot be seen in the photo. This is an older rented house to consider after checking the rights to the private road and how the building's excess floor area would be treated.