This was very well located for the Edinburgh Fringe (being near the Pleasance Courtyard) although was a flat in a block of flats (with the stairs and shared access-way that this involves). The room itself was fine - and the hosts were quick to try to help when we noted that one of the plug sockets did not work, and that there was an odour in the bathroom.
During our stay we rarely saw the hosts (he was working long hours), and the room made for a good place to sleep whilst spending our days visiting the Fringe Festival, but we probably wouldn't have "hung out" there especially during the days.