printout Land: Nikko, Tochigi

Asset type
Land
Yield
-
Rank
☆☆☆☆☆
To the bid due7 days left

Property image

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Property URL

Base bid price 1,260,000yen You can bid above 1,008,000yen
To the bid due 7 days left

Location

Location Nikko, Tochigi
Traffic access on report(japanese) 東武日光線「下小代」駅 北東方 直線距離 約700m
Reference(japanese) JR日光線 文挟駅 北方 2.11km 東武日光線 明神駅 南方 2.44km

Property data

Type Land Property number 1
Registered category Forest Actual category -
Registered area 1320m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land(Farm) Property number 2
Registered category Farm Actual category Forest
Registered area 853m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land(Farm) Not for saleYes Property number 3
Registered category Farm Actual category Forest・Residential land
Registered area 2460m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land(Farm) Property number 4
Registered category Farm Actual category Other land・Public road
Registered area 268m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land(Farm) Property number 5
Registered category Farm Actual category Forest
Registered area 502m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 6
Registered category Forest Actual category -
Registered area 75m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 5,478㎡
Gross yield - Base bid price 1,260,000yen
Lease demand 3 / 25pt Minimum bid price 1,008,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 252,000yen

Court data

Case number 2022(M)69, 2023(M)17 Announced 2024/01/31
Court Utsunomiya District Court (Main) Start of viewing 2024/01/31
Sale type Sealed bid auction (2 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land Result 2024/05/21
Sale decision 2024/08/23 Special sale 2024/05/22 ~ 2024/05/24
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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 1260000yen in court auction is the same as buying the asset out of court auction at 1170000yen(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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