printout House: Seto, Aichi

Asset type
House
Yield
7.2%
Rank
★★☆☆☆
To the bid due10 days left

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Property URL

Base bid price 17,080,000yen You can bid above 13,664,000yen
To the bid due 10 days left

Location

Location Seto, Aichi
Traffic access on report(japanese) 愛知環状鉄道「山口」駅 北西方 道路距離 約1.3km 名鉄バス「八幡台東」バス停 南方 道路距離 約750m
Reference(japanese) 愛知環状鉄道線 瀬戸口駅 東方 1.19km 名鉄瀬戸線 尾張瀬戸駅 南方 2.44km 東部丘陵線 陶磁資料館南駅 北方 2.65km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 171.97m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Building Property number 2
Building number 163-
Registered type Residence Actual -
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual WoodenAlloyplatingsteel sheet roofed3story building
Registered floor area 1F 58.58m2,2F 61.00m2 Actual 1F 58.58m2,2F 61.00m2,3F ca.14.58m2
Layout 4LDK+WCL+パントリー+loft Land right Ownership
Occupant debtor・owner Year/month built 2021/07

Numerical data

Cap rate 7.2% Area 134㎡
Gross yield 9.9% Base bid price 17,080,000yen
Lease demand 12 / 25pt Minimum bid price 13,664,000yen
Ratio of years passed
to depreciable years
9% Earnest money deposit 3,416,000yen

Court data

Case number 2023(M)263 Announced 2024/05/21
Court Nagoya District Court (Main) Start of viewing 2024/05/21
Sale type Sealed bid auction (1 times) Bid period 2024/06/05 ~ 2024/06/12
Farm land - Result 2024/06/19
Sale decision 2024/07/03 Special sale 2024/06/26 ~ 2024/06/26
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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 17080000yen in court auction is the same as buying the asset out of court auction at 15890000yen(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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