Drupal 7: Reset User 1 Password quick and easy using Drush

There are many solutions out there to reset User 1's password in a Drupal 7 website. A really convenient way is to use Drush, to generate a one time login URL - no mails involved. The output would be directly on the console, and it is simple to just copy and paste it in a browser. 
The drush command is the following:
 
drush php-eval 'echo user_pass_reset_url(user_load(1));
 
and once logged in, the password can be easily changed in the user edit screen.