printout House: Inashiki, Ibaraki

Asset type
House
Yield
5.1%
Rank
☆☆☆☆☆
To the bid due3 days left

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Property URL

Base bid price 14,230,000yen You can bid above 11,384,000yen
To the bid due 3 days left

Location

Location Inashiki, Ibaraki
Traffic access on report(japanese) 東日本鉄道・成田線「佐原」駅 北方 道路距離 約5.4km 「八筋川田園都市センター前(コミュニティーバス)」停留所 南西方 約650m(徒歩約8分)
Reference(japanese) -

Property data

Type Land Property number 2
Registered category Other land Actual category -
Registered area 2305m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 3
Registered category Other land Actual category Other land Part residential
Registered area 1662m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 5
Building number 434-
Registered type Office Actual -
Registered structure WoodenZinc-coated steel sheet roofed2F building Actual -
Registered floor area 1F 33.12m2,2F 33.12m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 2000/07

Numerical data

Cap rate 5.1% Area 66㎡
Gross yield 7.0% Base bid price 14,230,000yen
Lease demand 2 / 25pt Minimum bid price 11,384,000yen
Ratio of years passed
to depreciable years
104% Earnest money deposit 2,846,000yen

Court data

Case number 2023(M)15 Announced 2024/04/09
Court Mito District Court (Ryugasaki) Start of viewing 2024/04/09
Sale type Sealed bid auction (1 times) Bid period 2024/05/09 ~ 2024/05/16
Farm land - Result 2024/05/23
Sale decision 2024/06/13 Special sale 2024/05/24 ~ 2024/05/27
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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 14230000yen in court auction is the same as buying the asset out of court auction at 13240000yen(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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