Excellent location! A great neighborhood including very good to excellent cafes and restaurants a one-minute walk away makes a big difference. This also means bus stops also are a one-minute walk away, for the bus to the big sights (eg. Edinburgh Castle). Nice, safe, and pretty neighborhood.
Kitchen is suitable for super-light cooking, not a complete dinner. It was perfect for my family of four to explore Edinburgh, but slightly cramped, since no dedicated common area (ie. kitchen and living room serves as a bedroom).
Hosts were responsive and helpful with restaurant suggestions. Overall, I recommend this place if what you seek is great neighborhood feel, access to major sights by bus, and minimal cooking.