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Property information

House: Izumo, Shimane

Asset type
House
Yield
5.1%
Rank
★☆☆☆☆
Bid deadline is 2026/02/04

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Base bid price 20,622,000yen
You can bid above 16,497,600yen

Location

Location Izumo, Shimane
Traffic access on report(japanese) JR山陰本線 西出雲駅 北東方 約1,800m 

Property data

Type Land
Property number 1
Address 出雲市芦渡町 464番12
Building number
Registered category Residential land
Actual category
Registered area 151.90m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 2
Address 出雲市芦渡町字後田 479番26
Building number
Registered category Residential land
Actual category
Registered area 39.03m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land Share sale
Property number 3
Address 出雲市芦渡町字後田 479番27
Building number
Registered category Other land
Actual category
Registered area 3.38m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Share 28分-1
Type Land Share sale
Property number 4
Address 出雲市芦渡町字後田 479番28
Building number
Registered category Other land
Actual category
Registered area 3.73m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Share 28分-1
Type Building
Property number 5
Address 出雲市芦渡町 464番地12
Building number 464-12
Registered type Residence
Actual
Registered structure WoodenSlate roofed 2story building
Actual
Registered floor area 1F 71.21m2,2F 52.99m2
Actual
Layout 洋Room×3,和Room×1,LDK,Restroom×2,Bath,脱衣Room,WIC,roof裏収納,スキップフロア,屋上バルコニー
Land right Ownership
Occupant debtor・owner
Year/month built 2018/11

Numerical data

Base bid price 20,622,000yen Area 124㎡
Cap rate 5.1%
Gross yield 7.0%
Lease demand 12 / 25pt Minimum bid price 16,497,600yen
Ratio of years passed
to depreciable years
31% Earnest money deposit 4,124,400yen

Court data

Case number 2025(M)14 Result 2026/02/09
Court Matsue District Court(Main) Start of viewing 2026/01/09
Sale type Sealed bid auction (1 times) Bid period 2026/01/28 ~ 2026/02/04
Sale decision 2026/02/26 Special sale 2026/02/10 ~ 2026/02/10
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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 20622000yen in court auction is the same as buying the asset out of court auction at 19180000yen(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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