printout Mansion: Hirakata, Osaka

Asset type
Apartment
Yield
47.6%
Rank
★★★☆☆
To the bid due4 days left

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Property URL

Base bid price 1,150,000yen You can bid above 920,000yen
To the bid due 4 days left

Location

Location Hirakata, Osaka
Traffic access on report(japanese) 京阪本線 牧野駅 南方 道路距離 約1km
Reference(japanese) 京阪本線 御殿山駅 北東方 1.15km 京阪交野線 宮之阪駅 北方 2.55km

Property data

Type Land Property number 1
Registered category Residential land Actual category Residential-road
Registered area 43.36m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Apartment building Property number 2
Building number 小倉町12-44
Registered type Residence-shop Actual Residence-storage
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered area 1F 24.62m2,2F 23.85m2 Actual 1F ca.26.82m2,2F 23.85m2
Layout Others Balcony unknown
Service fee etc. - Land right Ownership
Occupant Yes Year/month built 1969/04
Floor 1F and 2F Total units -

Numerical data

Cap rate 47.6% Area 50㎡
Gross yield 65.5% Base bid price 1,150,000yen
Lease demand 17 / 25pt Minimum bid price 920,000yen
Ratio of years passed
to depreciable years
250% Earnest money deposit 230,000yen

Court data

Case number 2023(O)258 Announced 2024/04/30
Court Osaka District Court (Main) Start of viewing 2024/04/30
Sale type Sealed bid auction (1 times) Bid period 2024/05/14 ~ 2024/05/21
Farm land - Result 2024/05/28
Sale decision 2024/06/10 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 1150000yen in court auction is the same as buying the asset out of court auction at 1070000yen(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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