This is a short, characteristically Victorian salon piece intended for home performance. Its primary musical interest lies in the simple, sentimental melodic line typical of 19th-century English parlor music.
Ensure the cantabile melody remains prominent over the steady, gentle bass accompaniment.
Comparable difficulty and character — good candidates for what to learn next.
'Tis to Waft (Op.26) is rated Henle level 4 of 9 — intermediate repertoire, roughly ABRSM grades 5–6. In the RCM system it corresponds to about level 5.
You should be comfortable at Henle level 4 — meaning you can already play level 3–4 pieces cleanly. Learning it one level early is possible as a stretch piece, but more than that usually leads to months of frustration.
A typical performance of 'Tis to Waft (Op.26) lasts about 3 minutes.
'Tis to Waft (Op.26) is available as free public-domain sheet music on IMSLP — the score is linked directly from this page.
Pieces at a comparable difficulty and character include 'Tis to Waft by Peter McKenzie Armstrong, Black & White, for piano solo by Peter McKenzie Armstrong, 11/8 by Peter McKenzie Armstrong — see the full similar-pieces list on this page.