The flat is in a very good location - up the hill from the main central area but only 5 minutes walk. It's a good base for the city - easy to come and go - and also near to the area of Virtudes and not too far from the University area. So there are plenty of restaurants nearby. Good choice for winter as the flat is very warm.
There is a local bar - quiet all week but noisy on Saturday night- bring earplugs! And stairs are wooden so if you have guests above you, you might hear them on the stairs- but it's not a big problem.
All in all, good value for money!