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Property information

House: Kagoshima, Kagoshima

Asset type
House
Yield
14.9%
Rank
★★☆☆☆
Bid deadline is 2026/01/21

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Base bid price 7,060,000yen
You can bid above 5,648,000yen

Location

Location Kagoshima, Kagoshima
Traffic access on report(japanese) JR指宿枕崎線「宇宿駅」 北西方 約1.3km(直線距離) 「歯学部前」バス停 南西方 約270m(直線距離) 
Reference(japanese) 鹿児島市電1系統 上塩屋駅 北西方 1.16km

Property data

Type Land
Property number 1
Address 鹿児島市小原町 4167番48
Building number
Registered category Residential land
Actual category
Registered area 183.09m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Type Land Share sale
Property number 2
Address 鹿児島市小原町 4167番50
Building number
Registered category Residential land
Actual category Public road
Registered area 50.38m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Share 3分-1
Type Land Share sale
Property number 3
Address 鹿児島市小原町 4167番90
Building number
Registered category Public road
Actual category
Registered area 6.43m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Share 3分-1
Type Land Share sale
Property number 4
Address 鹿児島市小原町 4167番114
Building number
Registered category Public road
Actual category
Registered area 3.31m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Share 3分-1
Type Land Share sale
Property number 5
Address 鹿児島市小原町 4167番150
Building number
Registered category Residential land
Actual category Public road
Registered area 91.08m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Share 3分-1
Type Building
Property number 6
Address 鹿児島市小原町4167番地48
Building number 4167-48
Registered type Residence
Actual
Registered structure WoodenSlate roofed2story building
Actual
Registered floor area 1F 54.00m2,2F 48.00m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2006/02

Numerical data

Base bid price 7,060,000yen Area 102㎡
Cap rate 14.9%
Gross yield 20.5%
Lease demand 14 / 25pt Minimum bid price 5,648,000yen
Ratio of years passed
to depreciable years
86% Earnest money deposit 1,412,000yen

Court data

Case number 2024(M)83 Result 2026/01/28
Court Kagoshima District Court(Main) Start of viewing 2025/12/23
Sale type Sealed bid auction (1 times) Bid period 2026/01/14 ~ 2026/01/21
Sale decision 2026/02/18
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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 7060000yen in court auction is the same as buying the asset out of court auction at 6570000yen(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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