printout Land: Utsunomiya, Tochigi

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

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Property URL

Base bid price 1,040,000yen You could bid above 832,000yen
Bid period ended

Results

Court classification Land Sale price 841,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Utsunomiya, Tochigi
Traffic access on report(japanese) 東武宇都宮線「東武宇都宮」駅 北西方 約14.0km(直線距離)
Reference(japanese) -

Property data

Type Land Not for saleYes Property number 1
Registered category Residential land Actual category -
Registered area 495.86m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%

Numerical data

Cap rate - Area 495㎡
Gross yield - Base bid price 1,040,000yen
Lease demand 14 / 25pt Minimum bid price 832,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 208,000yen

Court data

Case number 2023(O)45 Announced 2024/03/13
Court Utsunomiya District Court (Main) Start of viewing 2024/03/13
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/16
Sale decision 2024/05/10 Special sale 2024/04/17 ~ 2024/04/19

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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 1040000yen in court auction is the same as buying the asset out of court auction at 970000yen(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
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Total cost of acquisition 0,000yen

Simulate return from the asset

Rental income 0,000yen Upkeep costs 0,000yen
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Projected yield %