printout House: Yoshinogari, Saga

Asset type
House
Yield
24.1%
Rank
★★☆☆☆
Bid period ended

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Property URL

This property became Change
Bid period ended Disclosed on 2023/11/17

Results

Court classification House Sale price -
Result Change Number of bidders -
Winner -

Location

Location Yoshinogari, Saga
Traffic access on report(japanese) JR長崎本線「吉野ヶ里公園」駅 北東方 道路距離 約4.6km 西鉄バス「自動車学校前」バス停 北方 道路距離 約3.3km(徒歩約42分)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Other land Actual category Residential land
Registered area 22696m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Other land Actual category Residential land
Registered area 3187m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 1830-1
Registered type Factory Actual -
Registered structure steel structuredZinc-coated steel sheetroofedOne-story Actual -
Registered floor area 4846.10m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1988/01

Numerical data

Cap rate 24.1% Area 4,846㎡
Gross yield 33.1% Base bid price 177,729,000yen
Lease demand 10 / 25pt Minimum bid price 142,183,200yen
Ratio of years passed
to depreciable years
140% Earnest money deposit 35,545,800yen

Court data

Case number 2023(M)4 Announced 2023/11/17
Court Saga District Court (Main) Start of viewing 2023/11/17
Sale type Sealed bid auction (1 times) Bid period 2023/12/07 ~ 2023/12/14
Farm land - Result 2023/12/21
Sale decision 2024/01/10 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 177729000yen in court auction is the same as buying the asset out of court auction at 165330000yen(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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