This is a very nice, little apartment in a rather utilitarian neighbourhood. We used it as a base for exploring Prague - about 10-15 minutes of walking gets you to an area with nice restaurants if you want to have breakfast or dinner away from the centre. Depending on where you want to go, you can reach a tram stop after about 6 minutes of walking and take a tram to the next bigger transfer stop, and if you walk a bit further, you can reach tram line 22 directly from the Rusalka stop, which takes you right to the tourist hot spots on both sides of the river.
The apartment is well-kept and has everything you would need for self-catering as well, but it is best suited for people who want a nice place to sleep at but otherwise will be out and about.
We recommend it.