We had a good fortune to spend 10 pleasant and enjoyable days at Annabelle's in the 1-br apartment upstairs. It's cozy, clean, comfortable, light and has everything we needed. Having morning coffee on the terrace while looking over azure waters of Paynes Bay was wonderful. Two nights we stayed in and cooked meats and veggies on the grill, which was fun and delicious. Location in the middle of Paynes Bay is great in all respects. The beach right in front is nothing but gentle sand and if you feel more adventurous you can go hiking for miles along the shore or snorkeling. Lots of interesting reefs to snorkel are towards the south near Fish Market. On our last day we were allowed to use the room almost all day until our flight time.
As for cons, there is a bus stop directly in front of the place, so be prepared to hear ridiculously loud buses taking off all day long, with generous honking. Majority of bus drivers drive like they are in a competition -- flooring that gas pedal until the engine can rev no more, so you can hear the bus as it's speeding away for quite some time. The good news is, this behavior stops in the later hours and doesn't resume till early AM. So all our nights were blissful and super quiet. When it's 7-7:30 am though you'll definitely hear them again. Also, sometimes there is not enough hot water for everyone and you get only barely warm water in the shower.
Overall we were very pleased, think we received excellent value and would love to come back again!