printout House: Nikko, Tochigi

Asset type
House
Yield
10.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 9,573,000yen You could bid above 7,658,400yen
Bid period ended

Results

Court classification House Sale price 18,194,000yen
Bid opening Sale Number of bidders 6
Winner qualification Corporation

Location

Location Nikko, Tochigi
Traffic access on report(japanese) JR日光線「下野大沢」駅 南東方 直線距離 約4.8km バス停「猪倉新町公民館」 南西方 直線距離 約600m
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 371.00m2 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 927-5
Registered type Residence Actual -
Registered structure Lightsteel structuredStainless steel sheetroofed2F building Actual -
Registered floor area 1F 52.63m2,2F 44.37m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2021/01

Numerical data

Cap rate 10.8% Area 97㎡
Gross yield 14.9% Base bid price 9,573,000yen
Lease demand 0 / 25pt Minimum bid price 7,658,400yen
Ratio of years passed
to depreciable years
12% Earnest money deposit 1,914,600yen

Court data

Case number 2023(M)103 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 9573000yen in court auction is the same as buying the asset out of court auction at 8910000yen(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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