Nice apartment in a reasonably convenient part of the city. Good views over the city (the plus-point of a top-floor apartment, with the negative being the 80-odd steps to get up!) and it's easy to get anywhere - from Leith, New Town, Stockbridge or over to Old Town too, plus being a residential area is generally pretty quiet too.
Provided you don't mind a 15 minute walk (uphill) to the centre of town then it's ideal. But then you have to walk anywhere if you want to get around the city, regardless of where you stay.
The place was very clean when we got there, the shower was great and the beds were incredibly comfortable too.
Perhaps a little 'bare bones' in places (no DVD player, wifi is a little patchy in the living room, minimal kitchen utensils) which keep if feeling like a spare-house rather than a home, but for convenience, price, location and as base for your time in the city we were very happy with it.