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Property information

House: Hitachi, Ibaraki

Asset type
House
Yield
56.1%
Rank
★★★☆☆
Bid deadline is 2026/02/06

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Base bid price 1,820,000yen
You can bid above 1,456,000yen

Location

Location Hitachi, Ibaraki
Traffic access on report(japanese) JR常磐線「小木津」駅 南東方 道路距離 約1.7km 「高磯台」バス停留所 南方 道路距離 約200m 

Property data

Type Land
Property number 1
Address 日立市相田町二丁目 3686番5
Building number
Registered category Residential land
Actual category
Registered area 250.86m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Type Land Share sale
Property number 2
Address 日立市相田町二丁目 3686番10
Building number
Registered category Other land
Actual category
Registered area 71m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 100%
Share 4分-1
Type Building
Property number 3
Address 日立市相田町二丁目3686番地5
Building number 3686-5
Registered type Residence
Actual
Registered structure Lightsteel structuredSlate-roofedroofedOne-story
Actual
Registered floor area 92.55m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1975/03

Numerical data

Base bid price 1,820,000yen Area 92㎡
Cap rate 56.1%
Gross yield 77.1%
Lease demand 14 / 25pt Minimum bid price 1,456,000yen
Ratio of years passed
to depreciable years
200% Earnest money deposit 364,000yen

Court data

Case number 2024(M)167 Result 2026/02/13
Court Mito District Court(Main) Start of viewing 2026/01/07
Sale type Sealed bid auction (2 times) Bid period 2026/01/30 ~ 2026/02/06
Sale decision 2026/03/06 Special sale 2026/02/16 ~ 2026/02/17
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Analysis data

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Pro Basic Similar past properties List of similar properties
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 1820000yen in court auction is the same as buying the asset out of court auction at 1690000yen(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」.

Bid simulation

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