This is the perfect location for exploring Bilbao with both Old and New parts within walking distance.
Our trip was to celebrate my wife’s 50th birthday.

Yes it is noisy in the evenings but the main bedroom is at the far end of the apartment away from the road and we had no problems sleeping in the extremely comfortable bed.
There are several small shops selling the basics which we used for wine (less than €2 for a litre) and breakfast ingredients. For meals during the day we indulged in the many, many local pintxos on offer around the city. The bars nearest the apartment also had very good food on offer with a glass of wine costing between $1.70 and $1.90 in most places (we did find a rather colourful place which sold wine at 50 cents).
The Agape restaurant around the corner from the apartment was recommended to us by our hosts sister who greeted us. Their menú del día at $13.50 was amazing value, including 3 courses and a carafe of wine it was truly a gastronomic delight.
We can recommend a trip to San Sebastián and a wine tasting trip at one of the many wineries located around La Rioja both of which are an hours bus ride away (check out Bodegas Roda online).
We would definitely return.
Nick and Janine