Positives: awesome location! Outside the hustle and bustle of the city and right beside a beautiful park with gorgeous views of the city and castle. Additionally, a supermarket is a 3 minute walk away. The place itself is nice as well and well appointed. For the price you pay you get good value.
Negatives: Unfortunately these outweigh the positives. The front door seems to be made out of paper as it blocks zero noise from the hallway. We were frequently woken up early in the morning by people talking in the hallway etc. Also, the direct access to the outside courtyard area actually makes the place seem less private. We also found that the hot water ran out quickly in the shower. If you keep it to a warm shower it will last longer. Lastly, we didn't find the communication to be very good from our hosts. It didn't detract from the experience, but there was nothing given besides the bare essentials.

Overall, we loved Prague and will certainly return but we will stay in another Airbnb to be sure.