A good location with easy access to the subway and JR lines. It was our first time in tokyo, and we managed to transverse the city and do day trips from this location with ease. Also very central to the nightlife area if that's what you are after.
David is a great host and was responsive to our questions and provided helpful tips and recommendations during our stay.
FYI, there is a 24-hour grocery store pretty close to the place (called Maruetsu), if you want a little more variety than the standard 7-Eleven or Lawson.
Overall, it is a very solid budget friendly option. Would recommend.