printout House: Hirakata, Osaka

Asset type
House
Yield
4.8%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 18,630,000yen You could bid above 14,904,000yen
Bid period ended

Results

Court classification House Sale price 26,710,000yen
Bid opening Sale Number of bidders 10
Winner qualification Corporation

Location

Location Hirakata, Osaka
Traffic access on report(japanese) 京阪交野線 村野駅 北東方 道路距離 約650m
Reference(japanese) 京阪交野線 星ヶ丘駅 東方 0.55km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 140.35m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 2
Building number 701-109
Registered type Residence Actual -
Registered structure WoodenTile roofed2F building Actual -
Registered floor area 1F 60.45m2,2F 21.94m2 Actual -
Layout 3LDK+loft Land right Ownership
Occupant debtor・owner Year/month built 2013/11

Numerical data

Cap rate 4.8% Area 82㎡
Gross yield 6.6% Base bid price 18,630,000yen
Lease demand 17 / 25pt Minimum bid price 14,904,000yen
Ratio of years passed
to depreciable years
45% Earnest money deposit 3,730,000yen

Court data

Case number 2023(M)286 Announced 2024/04/11
Court Osaka District Court (Main) Start of viewing 2024/04/11
Sale type Sealed bid auction (1 times) Bid period 2024/04/25 ~ 2024/05/07
Farm land - Result 2024/05/13
Sale decision 2024/05/24 Special sale -

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 18630000yen in court auction is the same as buying the asset out of court auction at 17330000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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