This is right in the middle of everything you’ll be visiting while in Prague. We liked it because it was a quick walk in many different directions to go to various neighborhoods and restaurants. If you want to be in the middle of all the nightlife it’s the perfect place, if you want to get more of the local feel where you’re among residents it is not.
There’s a grocery store right across the street so you can make your own meals. The kitchen and refrigerator have plenty of space in order to get this all done. I would suggest this place to any friend visiting Prague.