printout House: Shimotsuke, Tochigi

Asset type
House
Yield
16.0%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 8,432,000yen You could bid above 6,745,600yen
Bid period ended

Location

Location Shimotsuke, Tochigi
Traffic access on report(japanese) JR宇都宮線「小金井」駅 北西方 直線距離 約530m おーバス羽川線「小金井駅西口」停留所 北西方 直線距離 約500m
Reference(japanese) JR東北本線 自治医大駅 南西方 2.23km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 214.95m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 9-3
Registered type Residence Actual -
Registered structure Lightsteel structuredSlate-roofedroofed2F building Actual -
Registered floor area 1F 63.00m2,2F 63.00m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1999/09

Numerical data

Cap rate 16.0% Area 126㎡
Gross yield 22.0% Base bid price 8,432,000yen
Lease demand 15 / 25pt Minimum bid price 6,745,600yen
Ratio of years passed
to depreciable years
96% Earnest money deposit 1,686,400yen

Court data

Case number 2023(M)112 Announced 2024/04/17
Court Utsunomiya District Court (Main) Start of viewing 2024/04/17
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/21
Sale decision 2024/06/07 Special sale 2024/05/22 ~ 2024/05/24

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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 8432000yen in court auction is the same as buying the asset out of court auction at 7840000yen(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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