printout House: Yawata, Kyoto

Asset type
House
Yield
11.6%
Rank
★☆☆☆☆
Bid period ended

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Property URL

Base bid price 4,720,000yen You could bid above 3,776,000yen
Bid period ended

Results

Court classification House Sale price 5,093,000yen
Bid opening Sale Number of bidders 4
Winner qualification Corporation

Location

Location Yawata, Kyoto
Traffic access on report(japanese) 京阪本線「石清水八幡宮」駅 南方 道路距離 約2.9km 最寄バス停「久保田」 北東方 約400m(徒歩約5分)
Reference(japanese) 京阪鋼索線 ケーブル八幡宮山上駅 南方 1.90km 京阪本線 橋本駅 南東方 2.85km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 115.94m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 9-8
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 54.08m2,2F 23.28m2 Actual 1F ca.55.58m2
Layout Others Land right Ownership
Occupant Yes Year/month built 1976/09

Numerical data

Cap rate 11.6% Area 78㎡
Gross yield 16.0% Base bid price 4,720,000yen
Lease demand 15 / 25pt Minimum bid price 3,776,000yen
Ratio of years passed
to depreciable years
213% Earnest money deposit 944,000yen

Court data

Case number 2023(O)88 Announced 2024/03/19
Court Kyoto District Court (Main) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/08 Special sale 2024/04/26 ~ 2024/04/26

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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 4720000yen in court auction is the same as buying the asset out of court auction at 4390000yen(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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