printout House: Tsurumi, Osaka, Osaka

Asset type
House
Yield
14.3%
Rank
★★★☆☆
Bid period ended

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Base bid price 8,210,000yen You could bid above 6,568,000yen
Bid period ended

Results

Court classification House Sale price 23,690,000yen
Bid opening Sale Number of bidders 24
Winner qualification Corporation

Location

Location Tsurumi, Osaka, Osaka
Traffic access on report(japanese) JR片町線 鴻池新田駅 北西方 道路距離 約1,400m 最寄バス停 大阪シティバス 安田停留所 南方 道路距離 約170m
Reference(japanese) 大阪メトロ長堀鶴見緑地線 鶴見緑地駅 南東方 1.07km JR片町線 徳庵駅 北東方 1.50km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 53.43m2 Actual area -
Zoning Semi-industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 179-4-2
Registered type Residence Actual -
Registered structure WoodenSlate roofed3story building Actual -
Registered floor area 1F 21.87m2,2F 36.45m2,3F 29.16m2 Actual -
Layout 3LDK Land right Ownership
Occupant debtor・owner Year/month built 2007/09

Numerical data

Cap rate 14.3% Area 87㎡
Gross yield 19.7% Base bid price 8,210,000yen
Lease demand 24 / 25pt Minimum bid price 6,568,000yen
Ratio of years passed
to depreciable years
72% Earnest money deposit 1,650,000yen

Court data

Case number 2023(M)411 Announced 2024/04/11
Court Osaka District Court (Main) Start of viewing 2024/04/11
Sale type Sealed bid auction (1 times) Bid period 2024/04/25 ~ 2024/05/07
Farm land - Result 2024/05/13
Sale decision 2024/05/24 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 8210000yen in court auction is the same as buying the asset out of court auction at 7640000yen(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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