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Good evening all, I've found a 1st floor, 2 bed apartment I'm interested in purchasing as a BTL but I'm struggling to find a lender due to the location of the apartment. The property is within a 2 storey building, with 3 apartments to the right and 2 to the left, below the apartments are 5 commercial properties, directly below 'my' property is a newsagents and the other 4 commercial properties consist of a cafe and 3 food outlets (Not the most healthiest of places to live I bet!). The property is accessed via an external stairway on the end of the 'block' wi
Hi, I have found a high st property with great fundamentals and a very healthy rental yield. It is in a very impressive listed (grade 2) building with 10 flats. On the ground floor are two commercial properties - a sainsbury's local and a major bank. The flat I am looking at is on the 3rd floor of this building with windows facing onto the high st (double glazing in the bedroom). Should I be concerned about being above commercial in this situation? Obviously being right in the centre of town provides good fundamentals - but should I be wary of anything regarding