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Property information

House: Naka, Okayama, Okayama

Asset type
House
Yield
10.2%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 14,385,000yen
You can bid above 11,508,000yen

Location

Location Naka, Okayama, Okayama
Traffic access on report(japanese) JR山陽本線 東岡山駅 北方 直線 約400m 
Reference(japanese) JR赤穂線 東岡山駅 北方 0.42km JR山陽本線 高島駅 東方 2.81km

Property data

Type Land
Property number 1
Address 岡山市中区土田字五ノ坪 168番1
Building number
Registered category Residential land
Actual category
Registered area 697.28m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 2
Address 岡山市中区土田字五ノ坪 168番10
Building number
Registered category Other land
Actual category
Registered area 118m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 3
Address 岡山市中区土田字五ノ坪 168番12
Building number
Registered category Residential land
Actual category
Registered area 108.66m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 4
Address 岡山市中区土田字五ノ坪 168番14
Building number
Registered category Other land
Actual category
Registered area 6.72m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 5
Address 岡山市中区土田字五ノ坪 169番11
Building number
Registered category Other land
Actual category
Registered area 1.22m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 6
Address 岡山市中区土田字五ノ坪 169番12
Building number
Registered category Other land
Actual category
Registered area 27m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land
Property number 7
Address 岡山市中区土田字五ノ坪 169番26
Building number
Registered category Other land
Actual category
Registered area 4.09m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Building Share sale
Property number 8
Address 岡山市中区土田字五ノ坪168番地1
Building number 168-1
Registered type Residence
Actual
Registered structure WoodenTile roofed2story building
Actual
Registered floor area 1F 136.64m2,2F 63.11m2
Actual 1F ca.142.64m2
Layout Others
Land right Ownership・Others
Occupant debtor・owner
Year/month built 1995/04

Numerical data

Base bid price 14,385,000yen Area 205㎡
Cap rate 10.2%
Gross yield 14.0%
Lease demand 19 / 25pt Minimum bid price 11,508,000yen
Ratio of years passed
to depreciable years
136% Earnest money deposit 2,880,000yen

Court data

Case number 2024(M)135 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 14385000yen in court auction is the same as buying the asset out of court auction at 13380000yen(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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