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See how verdicts work2-bedroom flat · E5 8DE
For saleReduced £50k (−5.9%) on 24 JulListed 165 days
Opportunity summary
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About
A remarkable duplex apartment positioned across the fourth and fifth floors of The Otto Building - a landmark, riba award-winning development overlooking Hackney Downs.
Defined by far-reaching west-facing views, floor-to-ceiling glazing and impressive natural light throughout, this two-bedroom, two-bathroom home has been comprehensively upgraded by the current owners with a refined, design-led approach and an exacting level of finish.
Inside Entered on the fifth floor, the apartment opens into a striking open-plan living, dining and kitchen space arranged around expansive triple glazing and direct access to a private balcony with panoramic London views.
Oak flooring with underfloor heating runs throughout, while distinct living and dining zones create a layout equally suited to everyday living and entertaining.
The kitchen is sleek and architectural in feel, centred around matte airbrushed cabinetry and fully integrated Smeg appliances.
Further thoughtful additions include a reverse osmosis drinking water system and a whole-home soft water system connected to all outlets and appliances.
A generous guest WC and separate utility cupboard complete this level.
A sculptural balustraded staircase leads down to the bedroom floor, where custom Luxaflex thermal blackout blinds and natural fibre carpets introduce a softer, quieter material palette.
The principal suite is particularly impressive, featuring a bespoke lemma Italian walk-in wardrobe and a luxurious en-suite bathroom with double shower and separate full-sized bath.
The second bedroom is also an excellent double, extending to approximately 167 sq ft, with its own en-suite shower room and access to a substantial under-stairs storage cupboard.
The building has a concierge, secure entry system, as well as a beautifully maintained communal garden, bicycle storage for residents and an exercise room.
Neighbourhood & connections At the heart of Hackney Downs is the park itself - directly overlooked by The Otto Building.
A large and well-kept green space, it offers tennis courts, a basketball court, children’s playground, and wide open lawns - perfect for sports, dog walking, and picnics.
Hackney Downs Station is the area’s key rail hub, offering fast and regular London Overground services to Liverpool Street in around ten minutes - ideal for commuters and city workers.
Hackney Central Station is also within walking distance, expanding connectivity via the Overground to Stratford, Highbury & Islington, and westwards towards Shepherd’s Bush.
Numerous bus routes and cycle lanes weave through the borough, ensuring effortless travel across East and Central London.
Close by, Hackney Downs Studios provides a creative hub of independent businesses, artist studios, cafés, and event spaces - perfect for coffee, workshops, and supporting local makers.
For dining, locals love Casa Fofo, a Michelin-starred fine dining spot, and Uchi Bake, a Japanese bakery and sushi restaurant that has fast become a neighbourhood favourite.
Value & comps
No previous sales on record.
Returns
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Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 05.04, Otto Building, Hackney
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