printout House: Sasebo, Nagasaki

Asset type
House
Yield
7.0%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 94,620,000yen You could bid above 75,696,000yen
Bid period ended

Results

Court classification House Sale price 98,555,550yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Sasebo, Nagasaki
Traffic access on report(japanese) 松浦鉄道西九州線「真申」駅 北東方 道路距離 約100m 最寄バス停「水浦」 南東方 約180m(徒歩約2分)
Reference(japanese) 松浦鉄道西九州線 棚方駅 北方 0.56km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 3305.81m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Public road Actual category Other land
Registered area 328m2 Actual area ca.328.87m2
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 1-75
Registered type ResidenceCare facility Actual -
Registered structure WoodenSlate roofedOne-story Actual -
Registered floor area 487.05m2 Actual ca.499.47m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2016/02
Type Building Property number 4
Building number 1-75-2
Registered type ResidenceCare facility Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 864.66m2,2F 117.11m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2016/05

Numerical data

Cap rate 7.0% Area 499㎡
Gross yield 9.6% Base bid price 94,620,000yen
Lease demand 13 / 25pt Minimum bid price 75,696,000yen
Ratio of years passed
to depreciable years
33% Earnest money deposit 18,924,000yen

Court data

Case number 2023(M)2 Announced 2024/03/25
Court Nagasaki District Court (Sasebo) Start of viewing 2024/03/25
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/18
Sale decision 2024/05/09 Special sale -

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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 94620000yen in court auction is the same as buying the asset out of court auction at 88020000yen(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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