We stayed at the apartment for an extended weekend (Friday to Monday). The place itself is very nice and exactly as described. I'm sure it would be a good place for longer stays as well. We were also easily able to get some work stuff done, thanks to the AC and the good wifi.
The location is really good: easy to reach by public transport, and on the same street there are a few stores for groceries. Around the corner there are some nice restaurants, and there's a place (close to the nearby church) selling delicious cakes! The old city centre and its sights can be easily reached on foot. This is a good place to explore Bologna and relax a bit.