Like other have said: Cheap, clean, conveniently located room. Nick (and Jon) are great hosts, helpful and easygoing. The shared kitchen/bathroom is clean and OK. Its a shared space and you need to be flexible and considerate.
BUT, but aware of the noise. Especially on Thursday/Friday/Saturday nights, you feel like you are sleeping IN the bar. I tried to sleep with earplugs in and noise reducing ear muffs over those and it was still loud. Keep this in mind before booking. If you want a quiet room, spend a bit more and go somewhere else but for a night or two, you can't do better for the price.