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Property information

House: Shunan, Yamaguchi

Asset type
House
Yield
13.1%
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 8,140,000yen
You can bid above 6,512,000yen

Location

Location Shunan, Yamaguchi
Traffic access on report(japanese) JR岩徳線『勝間』駅 北方 約1km【道路距離】 『勝間』バス停 北方 約920m【道路距離】 
Reference(japanese) JR岩徳線 高水駅 西方 1.93km

Property data

Type Land
Property number 1
Address 周南市勝間ヶ丘三丁目 795番140
Building number
Registered category Residential land
Actual category
Registered area 296.09m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Building
Property number 2
Address 周南市勝間ヶ丘三丁目795番地140
Building number 795-140
Registered type Residence
Actual
Registered structure WoodenCement tileroofed2story building
Actual
Registered floor area 1F 64.82m2,2F 57.26m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2011/07

Numerical data

Base bid price 8,140,000yen Area 122㎡
Cap rate 13.1%
Gross yield 18.0%
Lease demand 10 / 25pt Minimum bid price 6,512,000yen
Ratio of years passed
to depreciable years
63% Earnest money deposit 1,628,000yen

Court data

Case number 2025(M)6 Result 2026/02/12
Court Yamaguchi District Court(Shunan) Start of viewing 2026/01/13
Sale type Sealed bid auction (1 times) Bid period 2026/02/03 ~ 2026/02/09
Sale decision 2026/03/05
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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 8140000yen in court auction is the same as buying the asset out of court auction at 7570000yen(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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