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1 bed flat for sale Downs Road, London, E5

Guide price
£475,000
Savills logo

Added on 18/10/2026

Type
Flat
Bedrooms
1
Bathrooms
1
Size
£845 per sq ft
Tenure
Leasehold
Council tax Band C £1,831 a year

Key features

  • Excellent finish
  • Abundance of natural light
  • Great storage
  • Integrated appliances
  • Concierge, gym and communal roof terrace

About this property

Stylish one bedroom apartment adjacent to Hackney Downs

Set on the fifth floor of the award-winning Otto Building, this beautifully presented one bedroom apartment offers sophisticated contemporary living, with excellent natural light throughout and far-reaching west-facing park and city views.

The impressive open-plan kitchen and reception room extends to approximately 24 ft, offering generous space for both living and dining, with direct access onto a private west-facing balcony.

Floorplan

Council tax

Band C £1,831 a year
Per year
  • Band A
    £1,374
  • Band B
    £1,602
  • Band C
    This home: £1,831
  • Band D
    £2,060
  • Band E
    £2,518
  • Band F
    £2,976
  • Band G
    £3,434
  • Band H
    £4,121

This home is in band C, which costs £1,831 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 1.1 miles

Priced above 76% of the 1-bed flats for sale nearby right now.

This home, £475,000 Median £400,000 · £300,000 – £525,000
Per square foot
£845 8% over
1-bed flats nearby £781
Against sold prices
9% over
E5 sold median £773 / sq ft, 598 sales

Compared with 100 1-bed flats for sale within 1.1 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 £475,000
£237k £713k
Deposit10% £48,000
£0 £475k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £427,000 mortgage. Most lenders would want a household income of about £95,000 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.

AddressSoldSizePrice
Apartment 02.09, Otto Building, Downs Road Flat / maisonetteJun 2026797 sq ft £810/sq ft£645,000
Apartment 11.01, Otto Building, Downs Road Flat / maisonetteJun 2026549 sq ft £865/sq ft£475,000
Apartment 03.09, Otto Building, Downs Road Flat / maisonetteApr 2026743 sq ft £875/sq ft£650,000
Apartment 09.09, Otto Building, Downs Road Flat / maisonetteOct 2025560 sq ft £884/sq ft£495,000
Apartment 03.02, Otto Building, Downs Road Flat / maisonetteMay 20251,087 sq ft £736/sq ft£800,000
Apartment 02.07, Otto Building, Downs Road Flat / maisonetteMar 2025872 sq ft £832/sq ft£725,000
Apartment 05.01, Otto Building, Downs Road Flat / maisonetteMar 2025549 sq ft £897/sq ft£492,500
Apartment 10.07, Otto Building, Downs Road Flat / maisonetteMar 20251,421 sq ft £950/sq ft£1,350,000

All sold prices in Hackney →

Area insights

The neighbourhood around this property.

Marketed by
Savills, Hackney
305 Kingsland Road, Hackney
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