For the price the location is just perfect. You can literally walk out the door and start discovering the city, no need to catch either the metro or tram. Across the road is the beautiful Cafe Louvre with delightful breakfasts in an art-deco building, Jazz Clubs. There is also a very nice restaurant with great beer you can access from the lobby downstairs.
FYI I can't remember if it was specified or not but the room is located in a sort of sharehouse. It wasn't a problem for us but just letting you know you'll be sharing the bathrooms (2) and kitchen with 4 other bedrooms overall. It is two apartments combined, again, not a problem.
I highly recommend it.