printout House: Itabashi, Tokyo

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To the bid due9 days left

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Base bid price 5,920,000yen You can bid above 4,736,000yen
To the bid due 9 days left


Location Itabashi, Tokyo
Traffic access on report(japanese) 都営三田線「志村三丁目」駅 南西方 道路距離 約1km(徒歩約13分) 東武東上線「上板橋」駅 北東方 道路距離 約1.4km(徒歩約18分) バス停留所「中台二丁目」 南西方 道路距離 約540m(徒歩約7分)
Reference(japanese) 都営三田線 志村坂上駅 南西方 1.26km 東武東上線 ときわ台駅 北西方 1.50km

Property data

Type Building Property number 1
Building number 1310-4-2
Registered type Residence Actual -
Registered structure Lightsteel structuredSlate-roofedroofed2F building Actual -
Registered floor area 1F 85.60m2,2F 88.98m2 Actual -
Layout 5LDK+Storage Land right Others
Occupant Yes Year/month built 1993/04

Numerical data

Cap rate 60.4% Area 174㎡
Gross yield 83.1% Base bid price 5,920,000yen
Lease demand 24 / 25pt Minimum bid price 4,736,000yen
Ratio of years passed
to depreciable years
124% Earnest money deposit 1,184,000yen

Court data

Case number 2023(O)70 Announced 2024/07/03
Court Tokyo District Court (Main) Start of viewing 2024/07/03
Sale type Sealed bid auction (1 times) Bid period 2024/07/18 ~ 2024/07/25
Farm land - Result 2024/07/31
Sale decision 2024/08/08 Special sale 2024/08/01 ~ 2024/08/05
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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 5920000yen in court auction is the same as buying the asset out of court auction at 5510000yen(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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