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Property information

House: Ube, Yamaguchi

Asset type
House
Yield
21.4%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 3,660,000yen
You can bid above 2,928,000yen

Location

Location Ube, Yamaguchi
Traffic access on report(japanese) JR宇部線「東新川」駅 南西方 道路距離 約1.1km 「松山町二丁目」バス停 西方 道路距離 約420m 
Reference(japanese) JR宇部線 宇部岬駅 北西方 1.19km

Property data

Type Land
Property number 1
Address 宇部市明治町二丁目 9番74
Building number
Registered category Residential land
Actual category
Registered area 466.11m2
Actual area
Zoning Commercial
Usage
Building to land ratio 80%
Floor area ratio 400%
Type Building
Property number 2
Address 宇部市明治町二丁目9番地74
Building number 9-74-4
Registered type Residence
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 92.23m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1932/01

Numerical data

Base bid price 3,660,000yen Area 92㎡
Cap rate 21.4%
Gross yield 29.4%
Lease demand 13 / 25pt Minimum bid price 2,928,000yen
Ratio of years passed
to depreciable years
427% Earnest money deposit 732,000yen

Court data

Case number 2025(M)6 Result 2026/02/17
Court Yamaguchi District Court(Main) Start of viewing 2026/01/14
Sale type Sealed bid auction (2 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 3660000yen in court auction is the same as buying the asset out of court auction at 3400000yen(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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