printout House: Iwaki, Fukushima

Asset type
House
Yield
6.8%
Rank
★★☆☆☆
To the bid due8 days left

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Property URL

Base bid price 12,880,000yen You can bid above 10,304,000yen
To the bid due 8 days left

Location

Location Iwaki, Fukushima
Traffic access on report(japanese) JR常磐線「いわき」駅 北方 約600m(道路距離) 最寄バス停「平二小入口」 南西方 約180m(道路距離)
Reference(japanese) JR磐越東線 いわき駅 北方 0.51km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 128.58m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 22-1-2
Registered type Residence Actual -
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual -
Registered floor area 1F 42.44m2,2F 48.02m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2020/10

Numerical data

Cap rate 6.8% Area 90㎡
Gross yield 9.4% Base bid price 12,880,000yen
Lease demand 14 / 25pt Minimum bid price 10,304,000yen
Ratio of years passed
to depreciable years
13% Earnest money deposit 2,576,000yen

Court data

Case number 2023(M)29 Announced 2024/04/23
Court Fukushima District Court (Iwaki) Start of viewing 2024/04/23
Sale type Sealed bid auction (1 times) Bid period 2024/05/14 ~ 2024/05/21
Farm land - Result 2024/05/28
Sale decision 2024/06/11 Special sale 2024/05/29 ~ 2024/05/31
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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 12880000yen in court auction is the same as buying the asset out of court auction at 11980000yen(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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