printout Land: KitaIbaraki, Ibaraki

Asset type
Land
Yield
-
Rank
☆☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 700,000yen You could bid above 560,000yen
Bid period ended

Results

Court classification Land Sale price 780,800yen
Bid opening Sale Number of bidders 2
Winner qualification Individual

Location

Location KitaIbaraki, Ibaraki
Traffic access on report(japanese) JR常磐線「大津港」駅 北東方 道路距離 約950m 「浜道団地南」巡回バス停留所 南東方 道路距離 約140m
Reference(japanese) -

Property data

Type Land Not for saleYes Property number 7
Registered category Field Actual category Residential land
Registered area 330m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Not for saleYes Property number 8
Registered category Field Actual category Residential-road
Registered area 198m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 528㎡
Gross yield - Base bid price 700,000yen
Lease demand 6 / 25pt Minimum bid price 560,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 140,000yen

Court data

Case number 2023(M)7 Announced 2024/03/06
Court Mito District Court (Main) Start of viewing 2024/03/06
Sale type Sealed bid auction (2 times) Bid period 2024/04/05 ~ 2024/04/12
Farm land - Result 2024/04/19
Sale decision 2024/05/10 Special sale 2024/04/22 ~ 2024/04/23

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Search similar properties Pro Basic List of similar properties nearby and sold out List of similar props.
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 700000yen in court auction is the same as buying the asset out of court auction at 650000yen(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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Estimate the total costs here

Simulate the total cost of acquisition

Bid 0,000yen Support service 0,000yen
Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
Input the desired price, calculate the acquisition cost
Calculation result↓
Total cost of acquisition 0,000yen

Simulate return from the asset

Rental income 0,000yen Upkeep costs 0,000yen
Calculte estimated return from the total cost
Calculation result↓
Projected yield %