printout House: Ichinomiya, Aichi

Asset type
House
Yield
6.9%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 41,780,000yen You could bid above 33,424,000yen
Bid period ended

Results

Court classification House Sale price 42,781,008yen
Bid opening Sale Number of bidders 3
Winner qualification Corporation

Location

Location Ichinomiya, Aichi
Traffic access on report(japanese) 名鉄名古屋本線「新木曽川」駅 南方 約970m(道路距離) 名鉄バス「門間西」バス停 北方 約70m(道路距離)
Reference(japanese) 名鉄名古屋本線 石刀駅 北西方 0.87km 名鉄尾西線 開明駅 北方 1.62km JR東海道本線 木曽川駅 南方 1.67km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 452.00m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 489.00m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 302.00m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 4
Building number 70-
Registered type Shop Actual -
Registered structure WoodenAlloyplatingsteel sheet roofed2F building Actual -
Registered floor area 1F 193.77m2,2F 92.31m2 Actual 1F 193.77m2,2F ca.102.31m2
Layout Shop・Office・厨房etc. Land right Ownership
Occupant debtor・owner Year/month built 2019/11

Numerical data

Cap rate 6.9% Area 296㎡
Gross yield 9.5% Base bid price 41,780,000yen
Lease demand 17 / 25pt Minimum bid price 33,424,000yen
Ratio of years passed
to depreciable years
18% Earnest money deposit 8,356,000yen

Court data

Case number 2023(M)44 Announced 2024/03/19
Court Nagoya District Court (Ichinomiya) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/17
Sale decision 2024/05/08 Special sale 2024/04/24 ~ 2024/04/24

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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 41780000yen in court auction is the same as buying the asset out of court auction at 38870000yen(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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