printout House: Itako, Ibaraki

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
Bid deadline is 2025/05/16

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Property URL

Base bid price 1,890,000yen
You can bid above 1,512,000yen

Location

Location Itako, Ibaraki
Traffic access on report(japanese) JR鹿島線「潮来」駅 北東方 道路距離 約2.5km 
Reference(japanese) JR鹿島線 延方駅 西方 2.84km

Property data

Type Land Property number 1
Address 潮来市辻字根崎 895番1
Registered category Residential land Actual category Residential-road
Registered area 1101.00m2 Actual area
Zoning Preserved Usage
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Address 潮来市辻字根崎 895番2
Registered category Residential land Actual category
Registered area 378.00m2 Actual area
Zoning Preserved Usage
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Address 潮来市辻字根崎895番地1、895番地2
Building number 895-1
Registered type Shop Residence Actual
Registered structure WoodenZinc-coated steel sheetroofed2F building Actual
Registered floor area 1F 115.93m2,2F 51.34m2 Actual 1F ca.156m2,2F 51.34m2
Layout Others Land right Ownership
Occupant Yes Year/month built 1973/01

Numerical data

Cap rate 70%以上 Area 207㎡
Gross yield 96%以上 Base bid price 1,890,000yen
Lease demand 11 / 25pt Minimum bid price 1,512,000yen
Ratio of years passed
to depreciable years
236% Earnest money deposit 378,000yen

Court data

Case number 2023(M)99 Result 2025/05/23
Court Mito District Court (Main) Start of viewing 2025/04/09
Sale type Sealed bid auction (3 times) Bid period 2025/05/09 ~ 2025/05/16
Sale decision 2025/06/13 Special sale 2025/05/26 ~ 2025/05/27
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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 1890000yen in court auction is the same as buying the asset out of court auction at 1760000yen(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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