The location is excellent: we could walk into the centre, or take a convenient bus to the station for day outings by train (Ravenna, Padua, Florence - all easily reached). The flat suited us (mature couple) perfectly, and offered all the facilities we required - and more! We will certainly book here again if we return to Bologna. The bar on the corner was very useful for breakfast, though a little noisy (only a little) up to about 10pm. We found everyone very friendly. We thought the neighbourhood perfect and full of atmosphere. Convenient shopping nearby, though you will prefer the delights of the centre for food, including fresh pasta you can cook at the flat.
Beware the fact that you can only check in between 3pm and 7 pm otherwise there is a 20 euro penalty. I had a stressful journey from the airport, arriving at 2 minutes to 7! At least I saved my 20 euros! On reflection I would book one day fewer and find a cheap hotel for one night to avoid uncertainty. That said, the flat and our stay were perfect.