printout House: Fukuyama, Hiroshima

Asset type
House
Yield
6.8%
Rank
★★☆☆☆
Bid deadline is 2025/05/20

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Property URL

Base bid price 14,094,000yen
You can bid above 11,275,200yen

Location

Location Fukuyama, Hiroshima
Traffic access on report(japanese) JR山陽本線「福山」駅 南西方 約12km(直線距離) 

Property data

Type Land Property number 1
Address 福山市沼隈町大字常石字松熊 1848番2
Registered category Residential land Actual category
Registered area 180.32m2 Actual area
Zoning Residential Class I Usage
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Address 福山市沼隈町大字常石字松熊1848番地2
Building number 1848-2
Registered type Residence Actual
Registered structure Lightsteel structuredSlate roofed2F building Actual
Registered floor area 1F 56.41m2,2F 53.04m2 Actual
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2017/10

Numerical data

Cap rate 6.8% Area 109㎡
Gross yield 9.4% Base bid price 14,094,000yen
Lease demand 15 / 25pt Minimum bid price 11,275,200yen
Ratio of years passed
to depreciable years
28% Earnest money deposit 2,820,000yen

Court data

Case number 2024(M)56 Result 2025/05/23
Court Hiroshima District Court (Fukuyama) Start of viewing 2025/04/28
Sale type Sealed bid auction (1 times) Bid period 2025/05/14 ~ 2025/05/20
Sale decision 2025/06/12 Special sale 2025/05/27 ~ 2025/05/27
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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 14094000yen in court auction is the same as buying the asset out of court auction at 13110000yen(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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