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Property information

House: Seto, Aichi

Asset type
House
Yield
29.1%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 4,850,000yen
You can bid above 3,880,000yen

Location

Location Seto, Aichi
Traffic access on report(japanese) 名鉄瀬戸線「尾張瀬戸」駅 南東方 道路距離 約3.1km 名鉄バス「塩草町」バス停 北東方 道路距離 約400m 

Property data

Type Land
Property number 1
Address 瀬戸市塩草町 11番165
Building number
Registered category Residential land
Actual category
Registered area 98.10m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 150%
Type Land
Property number 2
Address 瀬戸市塩草町 11番197
Building number
Registered category Residential land
Actual category
Registered area 97.63m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 150%
Type Land
Property number 3
Address 瀬戸市塩草町 11番198
Building number
Registered category Residential land
Actual category
Registered area 99.01m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 150%
Type Building
Property number 4
Address 瀬戸市塩草町 11番地197、11番165、11番198
Building number 11-197
Registered type Residence
Actual
Registered structure SteelconcreteFlat-roofed2story building
Actual
Registered floor area 1F 77.41m2,2F 58.98m2
Actual 1F ca.90.31m2,2F ca.63.58m2
Layout 4LDK
Land right Ownership
Occupant debtor・owner
Year/month built 1982/03

Numerical data

Base bid price 4,850,000yen Area 153㎡
Cap rate 29.1%
Gross yield 40.0%
Lease demand 10 / 25pt Minimum bid price 3,880,000yen
Ratio of years passed
to depreciable years
91% Earnest money deposit 970,000yen

Court data

Case number 2025(M)239 Result 2026/02/18
Court Nagoya District Court(Main) Start of viewing 2026/01/13
Sale type Sealed bid auction (1 times) Bid period 2026/02/04 ~ 2026/02/12
Sale decision 2026/03/04 Special sale 2026/02/25 ~ 2026/02/25
Contact・Bidding support Download Property PDF
  • Download Tri-set and register favorite auction concierge. Cap rate and gross yield on the property detail pages are based on base bid prices; please consult auction concierges for actual returns and gains.
!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 4850000yen in court auction is the same as buying the asset out of court auction at 4510000yen(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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