Perfect location if you plan to visit the city by foot. Very easy to park your car close by as well.
The house is ideal if you just want a place to sleep in between your city trips. But the absence of doors on the sleeping room and living room, the shower placed within a very small closet that does not give you enough space to dress inside makes it not ideal for a stay where you want to enjoy some time in the house.
Also not appropriate for small children because of the stairs.
In the end, it is all about the purpose of your stay. Taking that into account, I recommend this place.