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Property information

House: Meiwa, Gunma

Asset type
House
Yield
7.3%
Rank
☆☆☆☆☆
Bid deadline is 2026/04/15

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Base bid price 6,040,000yen
You can bid above 4,832,000yen

Location

Location Meiwa, Gunma
Traffic access on report(japanese) 東武伊勢崎線「茂林寺前」駅 南東方 道路距離 約3.9km 東武伊勢崎線「川俣」駅 北東方 道路距離 約3.9km 

Property data

Type Land
Property number 5
Address 邑楽郡明和町上江黒 506番1
Building number
Registered category Residential land
Actual category
Registered area 722.18m2
Actual area
Zoning Preserved
Usage
Building to land ratio 70%
Floor area ratio 200%
Type Building
Property number 6
Address 邑楽郡明和町上江黒 506番地1
Building number 506-1
Registered type Residence
Actual
Registered structure Lightsteel structuredZinc-coated steel sheetroofedOne-story
Actual
Registered floor area 43.06m2
Actual
Layout Others
Land right Ownership
Occupant Yes
Year/month built 1997/01
Ancillary buildings
Registered type Workshop
Actual Workshop・Warehouse
Registered structure Lightsteel structuredZinc-coated steel sheetroofedOne-story
Actual
Registered area 92.74m2
Actual
Ancillary buildings
Registered type Storage
Actual
Registered structure Lightsteel structuredZinc-coated steel sheetroofedOne-story
Actual
Registered area 24.84m2
Actual

Numerical data

Base bid price 6,040,000yen Area 43㎡
Cap rate 7.3%
Gross yield 10.0%
Lease demand 11 / 25pt Minimum bid price 4,832,000yen
Ratio of years passed
to depreciable years
116% Earnest money deposit 1,208,000yen

Court data

Case number 2025(M)4 Result 2026/04/22
Court Maebashi District Court(Ohta) Start of viewing 2026/03/12
Sale type Sealed bid auction (1 times) Bid period 2026/04/08 ~ 2026/04/15
Sale decision 2026/05/13 Special sale 2026/04/24 ~ 2026/04/24
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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 6040000yen in court auction is the same as buying the asset out of court auction at 5620000yen(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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