The location is very well indeed for sightseeing. The appartment has a nice athmosphere and the hosts are friendly and communicate well.
But there are certainly downsides that not all of the reviews mention. The busy terasses across the street and the glass bottle recycling container just below your window will keep you awake at night. And the appartment really requires some fresh paint and better furniture. The photos do not show it, but it is all a bit worn out.