We took Daljit's accommodation mainly because of the two added bikes and were pleasantly surprised about the overall great experience we had! The flat is not in the city centre, yes, but is a) located next to the very elaborate bike route leading throughout the city and its surrounding b) a bus stop towards city centre is just around the corner. We cycled to the nearby Stockbridge Market (highly recommended) and tasted some delicious local treats before continuing to the centre on one day, on another day we enjoyed great breakfast at Ostara in Leith (lovely area and also close).
Apart from the nice neighbourhood also the hospitality of Daljit and his family needs to be mentioned - smooth and quick communication, always happy to help, very elaborate flat/edinburgh guide pior to actual arrival.
If you're looking for a low-budget option with great hosts in a sweet, less crowded location this might be a great option!