Selected images and diagrams are reproduced from the materials supplied for this listing.
Gloria Kita-Senju is a whole freehold apartment building at 2-37-1 Yanagihara in Adachi Ward, offered as an owner-change sale with the tenancies in place. It is of wood frame construction over three storeys, completed in March 2020, with 234.84 sq m of floor area on a registered site of 129.44 sq m.
The listing material records a projected annual rent of JPY 11,220,000, an indicative gross yield of 4.98% on the asking price of JPY 225,200,000, before tax, management, repairs, insurance and vacancy. No rent roll and no unit count have been supplied, and the floor plan provided for the listing is too low in resolution to read, so the number of units, their layouts, tenancy terms and current occupancy are all confirmed on enquiry.
Yanagihara sits on the north bank of the Sumida River, between Ushida and Kita-Senju. The listing material records Ushida Station on the Tobu Isesaki and Daishi Lines at approximately eight minutes on foot and Kita-Senju on the JR Joban Line at approximately nine minutes. Kita-Senju is one of the larger interchanges in north-east Tokyo, and a building of this age within a short walk of it is the kind of stock that letting agents in the area work with regularly.
| Property Type | Tenanted Apartment Building (Owner-Change Sale) |
|---|---|
| Asking Price | JPY 225,200,000 |
| Address | 2-37-1 Yanagihara, Adachi-ku, Tokyo |
| Nearest Station | Ushida Station (Tobu Isesaki Line / Daishi Line) |
| Walking Distance | Approx. 8 min |
| Access | Kita-Senju Station (JR Joban Line) approx. 9 min on foot |
| Building Area | 234.84 sq m, total floor area |
| Land Area | 129.44 sq m (registered, 39.15 tsubo) |
| Building Height | 3 Storeys |
| Building Structure | Wood Frame |
| Year Built | March 2020 |
| Tenure | Freehold Ownership |
| Zoning | Quasi-Industrial District, urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 240% |
| Occupancy | Tenanted — owner-change sale |
| Current Annual Rental Income | JPY 11,220,000 (projected) |
| Indicative Gross Yield | 4.98% |
| Handover | By consultation |
Areas are the registered figures from the listing material and remain subject to verification against the register and a survey.
The gross yield is the projected annual rent divided by the asking price, before tax, management, repairs, insurance and vacancy. It is not a net return.
The listing material records no unit count, no layouts, no rent roll, no road frontage and no parking, so none is stated here. Each is confirmed on enquiry.
The building stands at 2-37-1 Yanagihara in Adachi Ward, on the north bank of the Sumida River in the residential streets between Ushida and Kita-Senju.
The listing material records Ushida Station on the Tobu Isesaki and Daishi Lines at approximately eight minutes on foot and Kita-Senju Station on the JR Joban Line at approximately nine minutes. Kita-Senju is served by the JR Joban Line, the Tokyo Metro Hibiya and Chiyoda Lines, the Tobu Skytree Line and the Tsukuba Express, which puts Ueno, Otemachi, Kita-Senju's own retail and Akihabara within easy reach. Journey times vary with the service and any changes, so none are stated here.
Kita-Senju has grown into one of north-east Tokyo's main centres, with department stores, two university campuses and a long covered shopping street, and the riverside path along the Sumida runs a few streets from the door.
The map indicates the location of the building. Walking times above are as stated in the listing material.
Open in Google MapsLand prices in Tokyo's 23 wards rose again in the survey published this year, and Adachi Ward rose with them.
In the Reiwa 8 (2026) Official Land Price Survey, residential land in Adachi Ward rose 6.3% on the previous year, and the all-use average for the ward rose 7.1%. Across the 23 wards as a whole, residential land rose 9.0%.
On the rental side, the At Home – Sumitomo Mitsui Trust Research Institute Mansion Rent Index for Q1 2026 records the overall index for Tokyo's 23 wards up approximately 6.7% year on year. The overall series is used here because the listing material does not record how many units the building holds or how large they are.
These figures describe Adachi Ward and Tokyo's 23 wards, not this individual property. The land figures are averages across all official reference points in the ward and are not an appraisal of this address. The rent index covers quality-adjusted contracted rents for condominium-type buildings across the 23 wards, not wood-frame apartment buildings and not this address specifically; it is shown as a directional indicator only. None of them guarantees future rent, value or performance.
Sources:
Most whole buildings that come to us at a 5% headline are twenty or thirty years old. This one was completed in March 2020, which changes the shape of the next decade for an owner: the major repair cycle is still some way off, and the building sits comfortably inside current construction standards.
The location works on the letting side rather than the prestige side. Kita-Senju is nine minutes on foot, and it is served by five lines including the Hibiya and Chiyoda Lines and the Tsukuba Express — one of the better-connected stations in north-east Tokyo, with the rental demand that follows from two university campuses and a large retail centre. Ushida on the Tobu lines is eight minutes the other way.
The material supplied is limited: no rent roll, no unit count, and a floor plan too coarse to read. Those are the first three things to ask for, and the 4.98% is a headline figure rather than a net one. On the age of the building, the freehold title and the walk to Kita-Senju, the case is a clear one. Future property value and market performance cannot be guaranteed.
This property is introduced through a Japanese real estate partner. Availability, price and property details remain subject to confirmation at the time of enquiry.
