1/11
£475,000
Flat · 1 bed · 1 bath · 623 sq ft
Downs Road, Clapton, E5
0.01 miles away
Leasehold
1/17
1/17
1 bed flat for sale Downs Road, London, E5
Excess of
£500,000
Added on 29/09/2026
Added on 29/09/2026
- Type
- Flat
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- £704 per sq ft
- Tenure
- Leasehold
- 991 years left(from the agent's description)
Service charge £5,543 a year(from the agent's description)Ground rent £275 a year(from the agent's description) Council tax Band D £2,060 a year
* From the agent's description. Check it with them before you rely on it.
Key features
- Modern one-bedroom apartment
- Third-floor position
- Approx. 713 sq ft (66 sq m)
- Spacious open-plan kitchen/reception room
- Private balcony
About this property
Stylish, south-facing apartment with tranquil park views
This beautifully presented one-bedroom apartment enjoys sweeping views across the green expanse of Hackney Downs, with a generous south-facing balcony perfect for morning coffee, al fresco dining or sunset drinks.
Set on the 3rd floor of the award-winning Otto Building and extending to 713 sq ft (66 sqm), this exceptionally spacious apartment combines impressive proportions with an abundance of natural light. Residents of the Otto also benefit from two wellness rooms, concierge services and beautifully landscaped rooftop gardens with panoramic views across the London skyline.
Floorplan
Council tax
Band D £2,060 a year
Per year
- Band A£1,374
- Band B£1,602
- Band C£1,831
- Band DThis home: £2,060
- Band E£2,518
- Band F£2,976
- Band G£3,434
- Band H£4,121
This home is in band D, which costs £2,060 a year in Hackney for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Hackney, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
100 comparables · within 1.2 milesPriced above 81% of the 1-bed flats for sale nearby right now.
This home, £500,000 Median £400,000 · £300,000 – £525,000
Per square foot
£704 10% under
1-bed flats nearby £781
Against sold prices
9% under
E5 sold median £773 / sq ft, 598 sales
Compared with 100 1-bed flats for sale within 1.2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in E5 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in E5 →
Location
Downs Road, London, E5
Mortgage and stamp duty
Property price £500,000
£250k £750k
Deposit10% £50,000
£0 £500k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £450,000 mortgage. Most lenders would want a household income of about £100,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Apartment 02.09, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Jun 2026 | 797 sq ft £810/sq ft | 797 sq ft | £810 | £645,000 |
| Apartment 11.01, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Jun 2026 | 549 sq ft £865/sq ft | 549 sq ft | £865 | £475,000 |
| Apartment 03.09, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Apr 2026 | 743 sq ft £875/sq ft | 743 sq ft | £875 | £650,000 |
| Apartment 09.09, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Oct 2025 | 560 sq ft £884/sq ft | 560 sq ft | £884 | £495,000 |
| Apartment 03.02, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | May 2025 | 1,087 sq ft £736/sq ft | 1,087 sq ft | £736 | £800,000 |
| Apartment 02.07, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Mar 2025 | 872 sq ft £832/sq ft | 872 sq ft | £832 | £725,000 |
| Apartment 05.01, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Mar 2025 | 549 sq ft £897/sq ft | 549 sq ft | £897 | £492,500 |
| Apartment 10.07, Otto Building, Downs Road Flat / maisonette | Flat / maisonette | Mar 2025 | 1,421 sq ft £950/sq ft | 1,421 sq ft | £950 | £1,350,000 |
Area insights
The neighbourhood around this property.
