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Property information

House: Hofu, Yamaguchi

Asset type
House
Yield
23.1%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 3,091,000yen
You can bid above 2,472,800yen

Location

Location Hofu, Yamaguchi
Traffic access on report(japanese) JR山陽本線「防府」駅 北東方 約9.3km【道路距離】 「中央橋」バス停 北東方 約300m【道路距離】 

Property data

Type Land
Property number 1
Address 防府市大字和字字下和字 275番3
Building number
Registered category Other land
Actual category
Registered area 767m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Land
Property number 2
Address 防府市大字和字字下和字 276番
Building number
Registered category Residential land
Actual category
Registered area 1667.00m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Land
Property number 3
Address 防府市大字和字字下和字 275番1
Building number
Registered category Residential land
Actual category
Registered area 348.81m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Land
Property number 4
Address 防府市大字和字字下和字 274番2
Building number
Registered category Other land
Actual category
Registered area 78m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Building
Property number 5
Address 防府市大字和字字下和字276番地
Building number 276-
Registered type Shop
Actual Office
Registered structure Lightsteel structuredZinc-coated steel sheetroofedOne-story
Actual Lightsteel structuredZinc-coated steel sheet・Cement tile roofedroofedOne-story
Registered floor area 88.72m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1979/05

Numerical data

Base bid price 3,091,000yen Area 88㎡
Cap rate 23.1%
Gross yield 31.8%
Lease demand 12 / 25pt Minimum bid price 2,472,800yen
Ratio of years passed
to depreciable years
184% Earnest money deposit 618,200yen

Court data

Case number 2025(M)29 Result 2026/02/17
Court Yamaguchi District Court(Main) Start of viewing 2026/01/14
Sale type Sealed bid auction (1 times) Bid period 2026/02/04 ~ 2026/02/12
Sale decision 2026/03/10
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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 3091000yen in court auction is the same as buying the asset out of court auction at 2880000yen(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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