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Property information

House: Kurashiki, Okayama

Asset type
House
Yield
70% or more
Rank
★★★☆☆
Bid deadline is 2026/02/12

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Base bid price 3,125,000yen
You can bid above 2,500,000yen

Location

Location Kurashiki, Okayama
Traffic access on report(japanese) JR瀬戸大橋線 児島駅 北東方 直線 約2,100m 
Reference(japanese) JR本四備讃線 上の町駅 南東方 2.32km

Property data

Type Land
Property number 1
Address 倉敷市児島下の町十丁目 384番32
Building number
Registered category Residential land
Actual category
Registered area 170.74m2
Actual area
Zoning Semi-industrial
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 倉敷市児島下の町十丁目384番地32
Building number 384-32
Registered type Residence・Shop
Actual
Registered structure steel structuredFlat-roofed3 story building
Actual
Registered floor area 1F79.91m2,2F85.04m2,3F85.04m2
Actual 1Fca.108m2,2Fca.111m2,3F85.04m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1980/09

Numerical data

Base bid price 3,125,000yen Area 304㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 16 / 25pt Minimum bid price 2,500,000yen
Ratio of years passed
to depreciable years
180% Earnest money deposit 630,000yen

Court data

Case number 2025(M)58 Result 2026/02/19
Court Okayama District Court(Main) Start of viewing 2026/01/09
Sale type Sealed bid auction (2 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 3125000yen in court auction is the same as buying the asset out of court auction at 2910000yen(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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