The flat is located as advertised, in a well-connected area of Prague, but not in the center, and off the busy roads. Amenities nearby include quite a few grocery stores including Tesco, a number of restaurants (it's Prague after all), including my favourites Chapadlo and U Bansetu, and lots of other shops and service points.
The flat itself is spacious and well-equipped, has a dishwasher and a washer/dryer. It's also warm - we've been there in December, and clean.