So the reviews here seem pretty accurate. The location is fantastic, check-in is easy although the door is a bit awkward to open the first time.
On first inspection we were disappointed with the beds. It was two very thin mattresses that didn't fit properly on the pull out, so I ended up just putting a mattress on the floor and sleeping there. However the sleeping experience was actually a lot better than we imaged it would be.
Similar to a last review, I get the impression the host hopes the guests clean after him and I wonder if it's professionally cleaned at all.
There was quite a bit of food left over in the freezer and lots of half used shampoo and body wash in the shower. Personally I didn't feel comfortable using the towels and was happy I brought my own.
I'm not saying this place is very dirty but it's not spotless clean.
I wouldn't say I got value for money but I stayed here during Oktoberfest when prices are doubled and tripled right across Munich, as to be expected. I would imagine the regular prices are good value for money.