printout House: HigashiHiroshima, Hiroshima

Asset type
House
Yield
15.3%
Rank
★★☆☆☆
Bid period ended

Property image

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MAP

  • HigashiHiroshima, Hiroshima [Area map]

Property URL

Base bid price 8,688,000yen You could bid above 6,950,400yen
Bid period ended

Location

Location HigashiHiroshima, Hiroshima
Traffic access on report(japanese) JR山陽本線「八本松」駅 北東方 直線距離 約3.5km
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 207.46m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 70% Floor area ratio 400%
Type Building Property number 2
Building number 10044-88
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 65.21m2,2F 70.67m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2002/07

Numerical data

Cap rate 15.3% Area 135㎡
Gross yield 21.0% Base bid price 8,688,000yen
Lease demand 11 / 25pt Minimum bid price 6,950,400yen
Ratio of years passed
to depreciable years
95% Earnest money deposit 1,740,000yen

Court data

Case number 2023(M)129 Announced 2024/04/22
Court Hiroshima District Court (Main) Start of viewing 2024/04/22
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/14
Farm land - Result 2024/05/17
Sale decision 2024/06/06 Special sale 2024/05/21 ~ 2024/05/21

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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 8688000yen in court auction is the same as buying the asset out of court auction at 8080000yen(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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