printout House: Ohtawara, Tochigi

Asset type
House
Yield
24.0%
Rank
★★☆☆☆
To the bid due7 days left

Property image

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Property URL

Base bid price 5,562,000yen You can bid above 4,449,600yen
To the bid due 7 days left

Location

Location Ohtawara, Tochigi
Traffic access on report(japanese) JR宇都宮線「西那須野」駅 南東方 約3.3km(直線距離)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 250.96m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 2846-14
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 72.04m2,2F 52.68m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 2004/04

Numerical data

Cap rate 24.0% Area 124㎡
Gross yield 33.0% Base bid price 5,562,000yen
Lease demand 10 / 25pt Minimum bid price 4,449,600yen
Ratio of years passed
to depreciable years
86% Earnest money deposit 1,112,400yen

Court data

Case number 2023(O)33 Announced 2024/04/05
Court Utsunomiya District Court (Ohtawara) Start of viewing 2024/04/05
Sale type Sealed bid auction (1 times) Bid period 2024/05/16 ~ 2024/05/23
Farm land - Result 2024/05/30
Sale decision 2024/06/19 Special sale 2024/05/31 ~ 2024/06/04
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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 5562000yen in court auction is the same as buying the asset out of court auction at 5170000yen(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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