This is a good spot for a family that needs separate rooms. Perfect for parents with teenagers, for example. This is an old building, but the apartment inside is in good shape with good decor.
There are no laundry facilities but there is a laundrette with Miele machines literally 2 minutes around the corner. There is also an excellent supermarket.
If you're new to Lisbon, getting around on the transit system is a breeze from this place. You buy a "Viagem" card at the Metro station for 50 cents and top it up. Trips on the Metro, Bus and Trains are a fixed price each. You just top up with your credit card. This is where the location works out really well, because the Anjos Metro station is literally 2 minutes walk, and from there you can get practically anywhere in and out of Lisbon with a combination of the excellent state transit system.
Internet is fast, the TV has Netflix, and the facilities in the kitchen mean you don't need to eat out if you don't want to. That said, the best Indian restaurant we have ever been to is literally on the next street and there are some great little Itallian restaurants (Pizza, Pasta) if you need them.