We had a great stay at Terezas & Michaelas apartment! We stayed a whole week over Christmas and Praha 7 was just perfect to spend some relaxing (holi)days: Plenty of nice cafés, restaurants and bars (definately check "Dim Sum Spot" for Dumplings and "Cobra" bar for the probably best drinks you ever had!) as well as a big supermarket and lots of late night kiosks are just around the corner.
A 30 minute walk through beautiful Letná Park (or a 15 minute Tram ride) also takes you directly to Praha 1 with all its sights and tourists :) The apartment has everything you need - especially the kitchen is really well equipped, which was perfect for the holidays where most of the shops and restaurants were closed in the neighbourhood (not in Praha 1 though!). We highly recommend the apartment and would come back any time! :)