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Property information

House: Asakuchi, Okayama

Asset type
House
Yield
18.9%
Rank
★★★★☆
Bid deadline is 2026/02/12

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Base bid price 6,201,000yen
You can bid above 4,960,800yen

Location

Location Asakuchi, Okayama
Traffic access on report(japanese) JR山陽本線 金光駅 南西方 直線 約2,500m 
Reference(japanese) JR山陽本線 鴨方駅 東方 2.38km

Property data

Type Land
Property number 1
Address 浅口市金光町佐方 2542番2
Building number
Registered category Residential land
Actual category
Registered area 413.00m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 浅口市金光町佐方2542番地2
Building number 2542-2
Registered type Residence
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 134.35m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2019/12

Numerical data

Base bid price 6,201,000yen Area 134㎡
Cap rate 18.9%
Gross yield 26.0%
Lease demand 15 / 25pt Minimum bid price 4,960,800yen
Ratio of years passed
to depreciable years
27% Earnest money deposit 1,250,000yen

Court data

Case number 2024(M)129 Result 2026/02/19
Court Okayama District Court(Main) Start of viewing 2026/01/09
Sale type Sealed bid auction (3 times) Bid period 2026/02/05 ~ 2026/02/12
Sale decision 2026/03/12
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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 6201000yen in court auction is the same as buying the asset out of court auction at 5770000yen(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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