Location is a little misleading. Whilst 20/25 minutes is walking distance to the Royal Mile, I expected the distance to be much more reasonable. The room was clean with all of the stated amenities, although the shower was poor with the shower head regularly falling off. The bed was very comfortable also.
The distance to the city centre is the biggest issue. From the city centre, expect to pay £8-10 on taxis either way. The room is perfect if you enjoy walking.