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Property information

House: Minakami, Gunma

Asset type
House
Yield
5.0%
Rank
★☆☆☆☆
Bid deadline is 2025/10/15

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Base bid price 10,710,000yen
You can bid above 8,568,000yen

Location

Location Minakami, Gunma
Traffic access on report(japanese) JR上越線 後閑駅 南西方 道路距離 約500m 
Reference(japanese) 上越新幹線 上毛高原駅 南東方 2.64km

Property data

Type Land Property number 1
Address 利根郡みなかみ町後閑字北入河原 241番29
Registered category Residential land Actual category
Registered area 271.56m2 Actual area
Zoning Low residential Class I Usage
Building to land ratio 40% Floor area ratio 80%
Type Building Property number 2
Address 利根郡みなかみ町後閑字北入河原 241番地29 Building number 241-29
Registered type Residence Actual
Registered structure WoodenAlloyplatingsteel sheet roofed2story building Actual
Registered floor area 1F 79.49m2,2F 31.88m2 Actual
Layout 4LK Land right Ownership
Occupant debtor・owner Year/month built 2022/04

Numerical data

Base bid price 10,710,000yen Area 111㎡
Cap rate 5.0% Gross yield 6.9%
Lease demand 4 / 25pt Minimum bid price 8,568,000yen
Ratio of years passed
to depreciable years
13% Earnest money deposit 2,142,000yen

Court data

Case number 2025(M)1 Result 2025/10/22
Court Maebashi District Court(Numata) Start of viewing 2025/09/10
Sale type Sealed bid auction (1 times) Bid period 2025/10/08 ~ 2025/10/15
Sale decision 2025/11/06 Special sale 2025/10/29 ~ 2025/10/29
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Analysis data

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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 10710000yen in court auction is the same as buying the asset out of court auction at 9960000yen(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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