printout House: Yawata, Kyoto

Asset type
House
Yield
24.3%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 2,990,000yen You could bid above 2,392,000yen
Bid period ended

Location

Location Yawata, Kyoto
Traffic access on report(japanese) 京阪本線「橋本」駅 東方 道路距離 約450m
Reference(japanese) 京阪鋼索線 ケーブル八幡宮山上駅 西方 1.16km 京阪本線 石清水八幡宮駅 西方 1.22km 阪急京都本線 大山崎駅 南東方 1.25km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 101.91m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 60% Floor area ratio 100%
Type Building Property number 2
Building number 54-107
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 43.88m2,2F 29.81m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1980/10

Numerical data

Cap rate 24.3% Area 73㎡
Gross yield 33.4% Base bid price 2,990,000yen
Lease demand 18 / 25pt Minimum bid price 2,392,000yen
Ratio of years passed
to depreciable years
195% Earnest money deposit 598,000yen

Court data

Case number 2023(M)112 Announced 2024/04/24
Court Kyoto District Court (Main) Start of viewing 2024/04/24
Sale type Sealed bid auction (1 times) Bid period 2024/05/09 ~ 2024/05/16
Farm land - Result 2024/05/23
Sale decision 2024/06/06 Special sale 2024/05/31 ~ 2024/05/31

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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 2990000yen in court auction is the same as buying the asset out of court auction at 2780000yen(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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