printout House: Kohoku, Yokohama, Kanagawa

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To the bid due27 days left

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Base bid price 451,000yen You can bid above 360,800yen
To the bid due 27 days left


Location Kohoku, Yokohama, Kanagawa
Traffic access on report(japanese) 東急東横線「日吉」駅 北西方 約1100m(道路距離) 「グランド前」バス停 北東方 徒歩約3分
Reference(japanese) 横浜市高速鉄道4号線 日吉駅 北西方 0.83km 東急東横線 元住吉駅 南西方 1.64km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 90.10m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Share Third
Type Land Share sale Property number 2
Registered category Residential land Actual category Public road
Registered area 7.00m2 Actual area -
Zoning - Usage -
Building to land ratio - Floor area ratio -
Share Third
Type Building Share sale Property number 3
Building number 24-17
Registered type Residence Actual -
Registered structure WoodenZinc-coated steel sheetroofedOne-story Actual WoodenZinc-coated steel sheetroofed2F building
Registered floor area 49.58m2 Actual 1F ca.55.77m2,2F ca.45.84m2
Layout 1F:2LDK 2F:4Room+Storage Land right Ownership・Others
Occupant debtor・owner Year/month built 1957/08

Numerical data

Cap rate 70%以上 Area 101㎡
Gross yield 96%以上 Base bid price 451,000yen
Lease demand 23 / 25pt Minimum bid price 360,800yen
Ratio of years passed
to depreciable years
300% Earnest money deposit 90,200yen

Court data

Case number 2023(O)132 Announced 2024/06/06
Court Yokohama District Court (Main) Start of viewing 2024/06/06
Sale type Sealed bid auction (1 times) Bid period 2024/07/09 ~ 2024/07/16
Farm land - Result 2024/07/23
Sale decision 2024/08/05 Special sale 2024/07/29 ~ 2024/07/29
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!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 451000yen in court auction is the same as buying the asset out of court auction at 420000yen(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 provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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