You get exactly what you sign up for, nothing more, nothing less. Worth its price exactly.
The place is right in the center, close to both the old and the new town (a 20 minute walk from the central station and about 20-30 minutes from pretty much everything). However, no noise comes in from the street, as the place opens from the yard of the building, connected to the street by a hallway.
Walthek is really friendly and helpful, we had no problem checking in at 7 pm.
Also, it takes some time for the water to heat up, but don't worry and don't turn the tap to full blown hot - it is coming:)