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Property information

House: Ube, Yamaguchi

Asset type
House
Yield
35.3%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 2,984,000yen
You can bid above 2,387,200yen

Location

Location Ube, Yamaguchi
Traffic access on report(japanese) JR宇部線「琴芝」駅 北東方 約3km【道路距離】 「風呂ヶ迫」バス停 西方 約600m【道路距離】 
Reference(japanese) JR宇部線 東新川駅 北東方 2.63km

Property data

Type Land
Property number 1
Address 宇部市大小路二丁目 1222番18
Building number
Registered category Residential land
Actual category
Registered area 287.27m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 宇部市大小路二丁目1222番地18
Building number 1222-18
Registered type Day service center
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 124.32m2
Actual ca.126m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1956/01

Numerical data

Base bid price 2,984,000yen Area 126㎡
Cap rate 35.3%
Gross yield 48.5%
Lease demand 12 / 25pt Minimum bid price 2,387,200yen
Ratio of years passed
to depreciable years
318% Earnest money deposit 596,800yen

Court data

Case number 2025(M)7 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 2984000yen in court auction is the same as buying the asset out of court auction at 2780000yen(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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