It's amazingly located. You can go on foot anywhere. The bedrooms are spacious and cozy, but the sofa in the room is uncomfortable and shouldn't be counted as a bed. So, it's an amazing place for 5 people, not more.
It's not exactly a bad point, but it's important to mention that the water heater stores water enough for 2 or 3 showers tops. After that you have to wait 30/40 minutes for the next people to take a shower. All in all, it's worth every penny.