Pros: Clean space, a good location, 3 large rooms with comfy beds. If you plan to use here just for your basic needs such as sleeping, eating and showering, etc go ahead, you'll be satisfied.
Cons: The floor and the ceiling are very thin and transfer all the sounds. If you spend time in the house listening to music and chatting with your friends, your neighbors will come to your door. Also, your upstairs neighbor might wake you up in the morning just by walking.