The apartment is great. The rooms are spacious, there is a TV, a bathroom with a washing machine and bathtub (!) and it has a cute kitchen of which only the electric stove was disappointing. It has everything you need but direct communication with the host is a bit difficult (but possible). Be aware that there is no air conditioning, just a couple of fans. So if you decide to go during a heat wave like we did, good luck staying in the apartment.
The location is nice since it's directly adjacent to the tram stop of tram 71, and pretty close to U-bahn Enkplatz (U3). If you are using public transport (which you really should), the place is very convenient. Overall, for the price it is very convenient and worth it - just pray it won't be over 30 degrees all week :)