This house is a great opportunity to stay in a relatively old though renovated mansion. There is a funicular about 5 minutes away from the house - it's a part of Lisbon public transport system. So you can use the same card you use for buses and metro rides. Funicular will bring you pretty much close to metro station (which are also reachable by foot).
The city itself is not that big to worry about how places are far from each other, so party street - the "pink street" - is only about 20 minutes away (a bit less if you use Uber, which is pretty much cheap here).
There was a dishwasher (so you don't have to wash dishes by hand - just buy a washing pill). The room itself was sufficiently enough settled, there are common places in the house to use: meeting room, couch in the corridor.