Summary - Otto Building, E5 E5 8DE
2 bed 2 bath Apartment
Bright, contemporary flat with private terrace and residents’ gym, ideal for new buyers.
Third-floor apartment with lift access and park-facing views
Set on the third floor with lift access, this contemporary two-bedroom apartment offers bright, efficient living and direct views across Hackney Downs. The south-facing private terrace and communal roof terrace extend the living space, while underfloor heating and integrated kitchen appliances add comfort and convenience.
The layout suits first-time buyers seeking a ready-to-move-in home: two double bedrooms with fitted wardrobes, a principal en-suite, a second full bathroom, and a generous open-plan kitchen/living area. Residents benefit from a concierge, on-site gym, and excellent transport links a short walk away.
Practical costs and local context are important: the property is leasehold with 990 years remaining, a service charge of £5,282 (above average) and ground rent of £375. The wider area is described as very deprived despite strong local amenities and good schools; buyers should weigh community factors alongside the home’s features.
Overall, the apartment delivers contemporary finishes, outside space, and communal facilities that suit buyers seeking urban convenience and long lease security, but note the recurring service charge and local socioeconomic challenges.
2 bedroom flat for sale in Downs Road, Clapton, E5 — £700,000 • 2 bed • 2 bath • 764 ft²
2 bedroom apartment for sale in Maple Path, London, E5 — £725,000 • 2 bed • 2 bath • 782 ft²
3 bedroom apartment for sale in Downs Road, London, E5 — £899,000 • 3 bed • 2 bath • 936 ft²
2 bedroom apartment for sale in Parkhaus, Downs Road, London, E5 — £775,000 • 2 bed • 2 bath • 861 ft²
1 bedroom apartment for sale in Downs Road, London, E5 — £499,950 • 1 bed • 1 bath • 558 ft²
2 bedroom apartment for sale in Downs Park Road, Hackney, E8 — £675,000 • 2 bed • 1 bath • 808 ft²
