printout House: Omitama, Ibaraki

Asset type
House
Yield
20.7%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 22,740,000yen You could bid above 18,192,000yen
Bid period ended

Results

Court classification House Sale price 46,611,111yen
Bid opening Sale Number of bidders 24
Winner qualification Corporation

Location

Location Omitama, Ibaraki
Traffic access on report(japanese) JR常磐線「高浜」駅 東方 道路距離 約6.2km 最寄バス停「玉里辻」 西方 至近
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category Residential-others
Registered area 1178.70m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 498-
Registered type Apartment Actual -
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual -
Registered floor area 1F 213.04m2,2F 213.04m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 2017/01

Numerical data

Cap rate 20.7% Area 426㎡
Gross yield 28.5% Base bid price 22,740,000yen
Lease demand 10 / 25pt Minimum bid price 18,192,000yen
Ratio of years passed
to depreciable years
31% Earnest money deposit 4,548,000yen

Court data

Case number 2023(M)3 Announced 2024/03/11
Court Mito District Court (Tsuchiura) Start of viewing 2024/03/11
Sale type Sealed bid auction (1 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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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 22740000yen in court auction is the same as buying the asset out of court auction at 21150000yen(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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