Great location if you want to be in this hip and happening neighborhood. Lots of great places for eating. Convenient ground floor, we parked our bikes inside. Decor is nothing great, just simple, but wonderful to have a small kitchen space. Main issue was the noise, as others mentioned. You can hear lots outside. On the final day, we also heard more noise from upstairs.
I suggest choosing this location for your budget and if you want to be in the neighborhood, avoiding it if you are noise-sensitive and can find another good alternative.