printout House: Ichinomiya, Aichi

Asset type
House
Yield
21.4%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 4,670,000yen You could bid above 3,736,000yen
Bid period ended

Location

Location Ichinomiya, Aichi
Traffic access on report(japanese) 名鉄尾西線「玉ノ井」駅 南西方 約770m(道路距離)
Reference(japanese) 名鉄尾西線 奥町駅 北西方 1.12km 名鉄竹鼻線 須賀駅 東方 2.53km 名鉄名古屋本線 新木曽川駅 南西方 2.67km

Property data

Type Land Share sale Property number 1
Registered category Public road Actual category -
Registered area 97m2 Actual area -
Zoning Industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Share 6分-1
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 171.01m2 Actual area -
Zoning Industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 2.00m2 Actual area -
Zoning Industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 4
Registered category Residential land Actual category -
Registered area 14.00m2 Actual area -
Zoning Industrial Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 5
Building number 12-3
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 58.21m2,2F 44.71m2 Actual -
Layout 5DK Land right Ownership
Occupant Yes Year/month built 1990/08

Numerical data

Cap rate 21.4% Area 102㎡
Gross yield 29.4% Base bid price 4,670,000yen
Lease demand 17 / 25pt Minimum bid price 3,736,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 934,000yen

Court data

Case number 2023(M)41 Announced 2024/04/16
Court Nagoya District Court (Ichinomiya) Start of viewing 2024/04/16
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/22
Sale decision 2024/06/05 Special sale 2024/05/29 ~ 2024/05/29

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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 4670000yen in court auction is the same as buying the asset out of court auction at 4340000yen(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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