This is a neighborhood in transition. It is not a bad or dangerous neighborhood per se, just one clearly on its way to becoming gentrified.
Currently, there's a small neighborhood market that sells what you might want or need for a short business stay. If you're going to do a significant shop, you will need to order groceries or travel a bit for them.
Inside the open-plan apartment were all the modern conveniences of a hotel suite or extended-stay accommodation. My room was comfortable and pleasantly decorated. The bed was large, and there was plenty of heat and hot water.
I would stay at one of their many properties again.