The house is centrally located and close to key attractions in Sultanahmet area.
There are also a couple of markets within 3-5 minutes along with some inexpensive restaurant options within a 10 minute walk.
A couple of concerns - 1) the floor metal is sticking up near the doors. With young kids this could cause some injury. 2) the tours that Abdullah (property owner Hikmet’s son) offers are available at significantly reduced prices if you go to Sultanahmet square. It is always good to comparison shop in Istanbul as there are very few standard prices and pretty much everything is negotiable..