printout House: Fukuyama, Hiroshima

Asset type
House
Yield
24.0%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 4,217,000yen You could bid above 3,373,600yen
Bid period ended

Results

Court classification House Sale price 3,535,321yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Fukuyama, Hiroshima
Traffic access on report(japanese) JR山陽本線「東尾道」駅 東方 直線距離 約720m
Reference(japanese) JR山陽本線 松永駅 南西方 2.37km

Property data

Type Building Property number 2
Building number 10-1-1
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 110.98m2,2F 64.80m2 Actual 1F ca.122.80m2,2F 64.80m2
Layout Others Land right Statutory superficies
Occupant debtor・owner Year/month built 1996/06
Type Building Property number 3
Building number 10-1-2
Registered type Storage Actual Residence
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 22.85m2,2F 22.85m2 Actual -
Layout Others Land right Statutory superficies
Occupant debtor・owner Year/month built 1996/06

Numerical data

Cap rate 24.0% Area 187㎡
Gross yield 33.0% Base bid price 4,217,000yen
Lease demand 14 / 25pt Minimum bid price 3,373,600yen
Ratio of years passed
to depreciable years
122% Earnest money deposit 850,000yen

Court data

Case number 2023(M)34 Announced 2024/03/18
Court Hiroshima District Court (Fukuyama) Start of viewing 2024/03/18
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/09
Farm land - Result 2024/04/12
Sale decision 2024/05/02 Special sale 2024/04/16 ~ 2024/04/16

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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 4217000yen in court auction is the same as buying the asset out of court auction at 3920000yen(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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