The place is very centrally located, it's difficult to imagine a place which is closer to the nightlife. It's also close to every form of public transport you can think of.
On the negative side there is not a lot of space for hanging clothes.
It's certainly somewhere which would appeal more to somewhat younger people though.
Being so close to the center of things you can sometimes hear street noise outside; and, as the building has no lift and the flat is on the top floor, it's certainly not recommended for anyone with reduced mobility.
Nevertheless, my brother and I certainly enjoyed our few days there and we were sad to leave.