!Notice for foreigner!
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  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
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printout House: Ashikaga, Tochigi

Asset type
House
Yield
70%以上
Rank
★★★☆☆
To the bid due20 days left

Property image

*Image may not be accurate; please download and check Tri-set for property photos.

MAP

Property URL

Base bid price 207,200yen You can bid above 165,760yen
To the bid due 20 days left Disclosed on 2023/03/17

Location

Location Ashikaga, Tochigi
Traffic access on report(japanese) JR両毛線「足利」駅 北西方 直線距離 約1.9km
Reference(japanese) 東武伊勢崎線 足利市駅 北方 2.00km

Property data

Type Land Property number 1
Registered category Forest Actual category Residential land,Part forest
Registered area 747m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 988.13m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 3
Registered category Residential land Actual category Other land,Part public road
Registered area 819.20m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 4
Registered category Residential land Actual category -
Registered area 665.96m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 5
Registered category Residential land Actual category -
Registered area 657.71m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 6
Registered category Residential land Actual category Other land
Registered area 349.52m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 7
Registered category Residential land Actual category -
Registered area 349.53m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 8
Registered category Residential land Actual category Public road
Registered area 59.33m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 9
Registered category Residential land Actual category Other land
Registered area 273.03m2 Actual area -
Zoning Residential Class I Usage vacant lot
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 10
Registered category Residential land Actual category Other land
Registered area 36.66m2 Actual area -
Zoning Residential Class I Usage vacant lot
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 11
Registered category Other land Actual category -
Registered area 502m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 12
Registered category Residential land Actual category Other land
Registered area 373.55m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 13
Building number 4003-2
Registered type Apartment・Garage Actual Apartment
Registered structure SteelconcreteFlat-roofed9story building Actual -
Registered floor area 1F 367.41m2,2F 464.34m2,3F 464.34m2,4F 464.34m2,5F 464.34m2,6F 464.34m2,7F 464.34m2,8F 43.15m2,9F 20.51m2 Actual 1F ca.429.41m2,2F 464.34m2,3F 464.34m2,4F 464.34m2,5F 464.34m2,6F 464.34m2,7F 464.34m2,8F ca.48.15m2,9F ca.21.51m2
Layout Others Land right Ownership
Occupant Yes Year/month built 1973/03
Type Building Property number 14
Building number 4003-15
Registered type Apartment Actual -
Registered structure steel structured・SteelconcreteFlat-roofed10story building Actual -
Registered floor area 1F 387.61m2,2F 386.66m2,3F 382.33m2,4F 382.33m2,5F 369.51m2,6F 348.34m2,7F 305.77m2,8F 285.81m2,9F 44.16m2,10F 33.09m2 Actual 1F 387.61m2,2F 386.66m2,3F 382.33m2,4F 382.33m2,5F ca.360.51m2,6F ca.340.34m2,7F ca.299.77m2,8F ca.275.81m2,9F 44.16m2,10F 33.09m2
Layout Others Land right Ownership
Occupant Yes Year/month built 1978/03

Numerical data

Cap rate 70%以上 Area 3,285㎡
Gross yield 96%以上 Base bid price 207,200yen
Lease demand 14 / 25pt Minimum bid price 165,760yen
Ratio of years passed
to depreciable years
100% Earnest money deposit 41,440yen
Year/ month built 1978/03(45 years old)

Court data

Case number 2020(M)42 Announced 2023/03/17
Court Utsunomiya District Court (Ashikaga) Start of viewing 2023/03/17
Sale type Sealed bid auction (1 times) Bid period 2023/04/12 ~ 2023/04/19
Farm land - Result 2023/04/26
Sale decision 2023/05/16 Special sale 2023/04/27 ~ 2023/05/11
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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 207200yen in court auction is the same as buying the asset out of court auction at 190000yen(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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