The apartment is located in a very good location. The old town square and the central station are within walking distance. Also, there are mini markets along the street. However, as mentioned by others, the apartment is indeed old and maintenance is necessary. The kitchen utensils weren't in good condition but cooking wasn't part of my itinerary, so it didn't bother me much. If you are wish to see the essentials of Prague and are looking for a budget place to rest, then this is probably the accommodation you are looking for.