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Property information

House: Oyama, Tochigi

Asset type
House
Yield
38.1%
Rank
★★☆☆☆
Bid deadline is 2025/10/15

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Base bid price 44,327,000yen
You can bid above 35,461,600yen

Location

Location Oyama, Tochigi
Traffic access on report(japanese) JR宇都宮線「小山」駅 北西方 約1.4km(直線距離) 
Reference(japanese) 東北新幹線 小山駅 北西方 1.50km 秋田新幹線 小山駅 北西方 1.50km 山形新幹線 小山駅 北西方 1.50km

Property data

Type Land Property number 1
Address 小山市大字立木字大日川原 1493番
Registered category Residential land Actual category
Registered area 403.30m2 Actual area
Zoning Residential Class I Usage
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Address 小山市大字立木字大日川原 1494番
Registered category Residential land Actual category
Registered area 803.30m2 Actual area
Zoning Residential Class I Usage
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Address 小山市大字立木字大日川原1494番地,1493番地 建物の名称 アルビオンシティ小山 Building number 1494-
Registered type Apartment Actual
Registered structure steel structuredZinc-coated steel sheetroofed3 story building Actual
Registered floor area 1F 533.25m2,2F 523.98m2,3F 523.98m2 Actual
Layout Others Land right Ownership
Occupant Yes Year/month built 1992/03

Numerical data

Base bid price 44,327,000yen Area 1,581㎡
Cap rate 38.1% Gross yield 52.4%
Lease demand 13 / 25pt Minimum bid price 35,461,600yen
Ratio of years passed
to depreciable years
132% Earnest money deposit 8,865,400yen

Court data

Case number 2024(M)106 Result 2025/10/21
Court Utsunomiya District Court(Main) Start of viewing 2025/09/17
Sale type Sealed bid auction (1 times) Bid period 2025/10/08 ~ 2025/10/15
Sale decision 2025/11/07 Special sale 2025/10/22 ~ 2025/10/24
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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 44327000yen in court auction is the same as buying the asset out of court auction at 41230000yen(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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