Not a bad location, maybe 6min walk to Metro stop at Muzeum which is one end of the Wenceslas Square- but if you’re going to Old Town you may as well walk, by the time you go down 3 flights of escalators to get to the train- takes same amount of time. If you’re looking to party it’s right on the street with all of the....dancers, which I didn’t know when booking, but thankfully I’m a heavy sleeper and so is my daughter (lots of drunken stag parties on that street). Host was very responsive and helpful and met me in person to help with bags and show me everything in the apartment, he was great. I love the Nespresso machine for coffee (ristretto!)