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Property information

House: Yatsushiro, Kumamoto

Asset type
House
Yield
7.8%
Rank
★★☆☆☆
Bid deadline is 2026/02/19

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Base bid price 37,051,000yen
You can bid above 29,640,800yen

Location

Location Yatsushiro, Kumamoto
Traffic access on report(japanese) JR鹿児島本線「八代」駅 北西方 約10.4km(道路距離) 最寄バス停「共栄」 北西方 3.5km(徒歩約44分) 

Property data

Type Land
Property number 1
Address 八代市郡築十二番町 369番13
Building number
Registered category Pond
Actual category Residential land
Registered area 4152m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land(Farm)
Property number 2
Address 八代市郡築十二番町 388番1
Building number
Registered category Farm
Actual category Other land
Registered area 1042m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 3
Address 八代市郡築十二番町 388番2
Building number
Registered category Residential land
Actual category Other land
Registered area 71.15m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 4
Address 八代市郡築十二番町 388番3
Building number
Registered category Pond
Actual category Residential land
Registered area 1818m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 5
Address 八代市郡築十二番町 388番4
Building number
Registered category Pond
Actual category Other land
Registered area 100m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 6
Address 八代市郡築十二番町 388番5
Building number
Registered category Other land
Actual category Residential land
Registered area 321m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 7
Address 八代市郡築十二番町 388番6
Building number
Registered category Pond
Actual category Other land
Registered area 1435m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 8
Address 八代市郡築十二番町 388番7
Building number
Registered category Other land
Actual category Residential land
Registered area 109m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 9
Address 八代市郡築十二番町 389番1
Building number
Registered category Pond
Actual category Other land
Registered area 60m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 10
Address 八代市郡築十二番町 389番2
Building number
Registered category Pond
Actual category Other land
Registered area 9032m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 11
Address 八代市郡築十二番町369番地13
Building number 369-13
Registered type Factory
Actual
Registered structure steel structuredAlloyplatingsteel sheet roofedOne-story
Actual
Registered floor area 600.00m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2020/01
Type Building
Property number 12
Address 八代市郡築十二番町388番地6、389番地2
Building number 388-6
Registered type Residence・Office
Actual
Registered structure steel structuredAlloyplatingsteel sheet roofedraised floorOne-story
Actual
Registered floor area 118.95m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2018/10

Numerical data

Base bid price 37,051,000yen Area 600㎡
Cap rate 7.8%
Gross yield 10.7%
Lease demand 9 / 25pt Minimum bid price 29,640,800yen
Ratio of years passed
to depreciable years
24% Earnest money deposit 7,410,200yen

Court data

Case number 2024(M)10 Result 2026/02/26
Court Kumamoto District Court(Yatsushiro) Start of viewing 2025/12/18
Sale type Sealed bid auction (2 times) Bid period 2026/02/12 ~ 2026/02/19
Sale decision 2026/04/02
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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 37051000yen in court auction is the same as buying the asset out of court auction at 34470000yen(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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