I would think the location is quite good, close to the Hönggerberg campus and it wouldn't take you long to get to the downtown campus via tram, my guess is around 30 minutes door to door.
It is a woko apartment, right? They are very nice in my experience (I live in one), everything works and it's pretty clean and cheap compared to the rest of the rental "market", it's not uncommon for people to pay 700-800 chf a month or even more for a room. It's also just fun to be around other students, not alone somewhere far away.
I would accept the room without thinking twice. Searching for a room/flat here is a nightmare.
See you at ETH in February

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