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Property information

House: Kurashiki, Okayama

Asset type
House
Yield
29.1%
Rank
★★★☆☆
Bid deadline is 2026/02/12

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Base bid price 7,539,000yen
You can bid above 6,031,200yen

Location

Location Kurashiki, Okayama
Traffic access on report(japanese) JR山陽本線 倉敷駅 北東方 直線 約3,700m 

Property data

Type Land
Property number 1
Address 倉敷市生坂字木船 1909番7
Building number
Registered category Residential land
Actual category
Registered area 71.62m2
Actual area
Zoning Preserved
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 2
Address 倉敷市生坂字木船 1909番31
Building number
Registered category Residential land
Actual category
Registered area 83.01m2
Actual area
Zoning Preserved
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 3
Address 倉敷市生坂字野宮 1914番1
Building number
Registered category Residential land
Actual category
Registered area 103.66m2
Actual area
Zoning Preserved
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 4
Address 倉敷市生坂字野宮 1914番5
Building number
Registered category Residential land
Actual category
Registered area 83.33m2
Actual area
Zoning Preserved
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 5
Address 倉敷市生坂字野宮1914番地1、1914番地5 倉敷市生坂字木船1909番地7、1909番地31
Building number 1914-1
Registered type Residence
Actual
Registered structure WoodenTile roofed3 story building
Actual
Registered floor area 1F121.03m2,2F105.06m2,3F 13.66m2
Actual 1F121.03m2,2Fca.88.46m2,3Fca.32.36m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1993/07

Numerical data

Base bid price 7,539,000yen Area 241㎡
Cap rate 29.1%
Gross yield 40.0%
Lease demand 15 / 25pt Minimum bid price 6,031,200yen
Ratio of years passed
to depreciable years
145% Earnest money deposit 1,510,000yen

Court data

Case number 2025(M)91 Result 2026/02/19
Court Okayama District Court(Main) Start of viewing 2026/01/09
Sale type Sealed bid auction (1 times) Bid period 2026/02/05 ~ 2026/02/12
Sale decision 2026/03/12
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Analysis data

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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 7539000yen in court auction is the same as buying the asset out of court auction at 7010000yen(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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