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Property information

House: Miyakonojo, Miyazaki

Asset type
House
Yield
5.9%
Rank
★☆☆☆☆
Bid deadline is 2026/02/05

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Base bid price 7,115,000yen
You can bid above 5,692,000yen

Location

Location Miyakonojo, Miyazaki
Traffic access on report(japanese) JR日豊本線 三股駅 4.8km(道路距離) 宮崎交通 西豊満バス停 260m(道路距離) 

Property data

Type Land
Property number 1
Address 都城市豊満町 1659番1
Building number
Registered category Residential land
Actual category
Registered area 474.17m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Land
Property number 2
Address 都城市豊満町 1685番4
Building number
Registered category Residential land
Actual category
Registered area 68.38m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 3
Address 都城市豊満町 1659番地1
Building number 1659-1
Registered type Residence
Actual
Registered structure WoodenTile roofedOne-story
Actual
Registered floor area 65.14m2
Actual
Layout 3LDK
Land right Ownership
Occupant debtor・owner
Year/month built 2020/01

Numerical data

Base bid price 7,115,000yen Area 65㎡
Cap rate 5.9%
Gross yield 8.1%
Lease demand 7 / 25pt Minimum bid price 5,692,000yen
Ratio of years passed
to depreciable years
27% Earnest money deposit 1,423,000yen

Court data

Case number 2025(M)61 Result 2026/02/12
Court Miyazaki District Court(Main) Start of viewing 2026/01/15
Sale type Sealed bid auction (1 times) Bid period 2026/01/29 ~ 2026/02/05
Sale decision 2026/02/26
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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 7115000yen in court auction is the same as buying the asset out of court auction at 6620000yen(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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