It's a great location. The main station to the airport is 5 mins walk. The 'best' restaurants in Porto are down the street, but also the less touristy cafe and restaurant's are around too. Late nite drinks places are around the area, and it's very safe. Decent super market around the corner, and local cheese shop down the road. Record shop, and vintage store are on the same road too. 8 mins walk from clerigos tower, Livraria Lello, the river, etc