No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Otto Building, E5
Otto Building, E5
Otto Building, E5
Guide price£475,000
Added > 14 days

1 bedroom apartment for sale

GUIDE £475,000 - £500,000 Otto Building, Hackney E5
Sold STC
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Apartment
1 bed
1 bath
581 sq ft / 54 sq m

Key information

Tenure: Leasehold | 992 yrs left
Ground rent: £275 per annum | review period: unconfirmed
Service charge: £3,830 per annum
Council tax: Band C
Broadband: Ultra-fast 940Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (992 years remaining)
  • Open plan living
  • Eco development
  • 5th floor (with lift)
  • Access to residents communal roof gardens
  • Underfloor heating
  • Far reaching views
  • Hackney Downs Park
  • Lease Circa 992 Years Remaining Secure cycle storage Concierge
  • EWS1 rating suitable for lending
*Guide Price £475,000 - £500,000. A high specification apartment with great natural light and panoramic vista, situated on the 5th floor of The Otto Building – a landmark green development with views over Hackney Downs.

The Otto Building provides 89 high-quality apartments in two buildings, which are 11 and 14 storeys respectively and are joined by a large fourth floor communal terrace set on the edge of Hackney Downs Park. The development features 24h concierge, residents gym, bike depot, and landscaped roof terrace. This eco development benefits from energy saving features including triple glazing.

The apartment spans circa 54 sqm with open plan living with clearly defined zones for cooking, dining and relaxing. The fully integrated kitchen has SMEG appliances and birch wood floors. Sliding glass doors open to an east facing terrace with far reaching green views, the glass balustrade maximising the apartments light and views. The double bedroom has a full wall of built in wardrobes, and there is further storage in the entrance hall.
The contemporary shower room features grey hexagonal floor and wall tiles, as well as cool subway style shower tiles.

Located directly on the edge of Hackney Downs park with Clapton, Rectory Road and Hackney Downs stations all within circa 0.5 miles. Great parks, good schools, cool places to eat and drink make this a great neighbourhood to live in. Bustling Chatsworth Road is moments from the apartment and offers some great independents, restaurants and coffee shops, some Easthaus favourites include: Vernerdi, Fika, Pivaz, Eat 17, The Hackney Draper, Espresso Hut and The Castle Cinema. Neighbourhood favourite P Franco wine bar and bottle shop is also on nearby Lower Clapton Road.

Tenure: Leasehold of circa 993 years
Service charges: Approx. £3,830 per annum
Ground rent: £275 pa
EPC: B
Council tax: Hackney Band C
EWS1: A1 rating suitable for lending

Places of interest

    Independent  Estate Agent Specialising solely in East London Sales and Lettings. Why Easthaus The quality of properties in East London has improved dramatically over recent years, but the quality of service from local agents has not kept pace with that progress…until now. Easthaus was created to bridge the gap between traditional estate agency and online agencies. We have an office in E9, we simply do not have a shop front. This means we are able to offer much more competitive fees than most other local agents.   We qualify all applicants We conduct all the viewings  We negotiate offers on your behalf and we see the offers through to completion We recognise being open for longer is crucial in meeting the needs of clients and customers alike and therefore try to be as flexible as possible with viewing times to be able to cover early mornings, evenings and weekends. With 90% of property searches starting online, we are committed to ensuring your property receives maximum exposure by utilising a full range of digital platforms What Makes Easthaus Different?  Selling or buying a home can be an emotive time but it doesn’t have to be stressful and neither does finding an apartment to rent or preparing your house to let – at Easthaus, customer service is paramount. It is of course very easy to say we put our clients first…many estate agents make this claim on their websites but from what we have seen do not put this in to practice. We believe in a transparent approach to agency; our fees are clear and competitive, we do not have hidden costs within our terms of business and we will provide full and frank feedback from viewings. You will have proactive property professionals with award winning  and record setting real estate backgrounds, endeavouring to achieve the best possible price within your given timeframes. The Easthaus philosophy is very simple:  If you provide an unsurpassed level of service to your clients and offer considered and honest advice, the best possible price is naturally achieved.

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    *DISCLAIMER

    Property reference BET240061. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Easthaus - Hackney.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.