printout House: Miyakonojo, Miyazaki

Asset type
House
Yield
20.8%
Rank
★★☆☆☆
To the bid due1 days left

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Property URL

Base bid price 17,212,000yen You can bid above 13,769,600yen
To the bid due 1 days left

Location

Location Miyakonojo, Miyazaki
Traffic access on report(japanese) JR日豊本線「西都城」駅 東方 約900m(道路距離) 宮崎交通バス「中央通3丁目」停留所 約300m(道路距離)
Reference(japanese) JR吉都線 都城駅 南西方 1.67km JR日豊本線 都城駅 南西方 1.67km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 1203.96m2 Actual area -
Zoning Semi-commercial Usage -
Building to land ratio 80% Floor area ratio 300%
Type Apartment building 一棟売り Property number 2
Building number Storage原町 2318-1
Registered type Public bath Actual Residence
Registered structure Steelconcrete1 story building Actual -
Registered area 1F part 121.98m2 Actual -
Layout Residence(Public bathをResidenceに改装) Balcony unknown
Service fee etc. - Land right Ownership
Occupant debtor・owner Year/month built 1981/11
Floor 1F Total units -
Type Apartment building 一棟売り Property number 3
Building number Storage原町 2318-2
Registered type Apartment Actual -
Registered structure Steelconcrete5 story building Actual -
Registered area 1F part 177.16m2,2F part 256.23m2,3F part 256.23m2,4F part 256.23m2,5F part 29.43m2 Actual 1F part ca.195.96m2,2F part 256.23m2,3F part 256.23m2,4F part 256.23m2,5F part 29.43m2
Layout Apartment(3DK バルコニー:Yes 専用庭:No) Balcony Yes
Service fee etc. - Land right Ownership
Occupant Yes Year/month built 1981/11
Floor 1F〜5F Total units 16

Numerical data

Cap rate 20.8% Area 121㎡
Gross yield 28.6% Base bid price 17,212,000yen
Lease demand 10 / 25pt Minimum bid price 13,769,600yen
Ratio of years passed
to depreciable years
89% Earnest money deposit 3,442,400yen

Court data

Case number 2023(M)57 Announced 2024/06/06
Court Miyazaki District Court (Main) Start of viewing 2024/06/06
Sale type Sealed bid auction (1 times) Bid period 2024/06/20 ~ 2024/06/27
Farm land - Result 2024/07/04
Sale decision 2024/07/18 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 17212000yen in court auction is the same as buying the asset out of court auction at 16010000yen(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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