Our room (number 7) was very cozy; full of light, with a nice streetview, and equipped with a neat bathroom. The rest of the house was cold (we visited in January), so the trips to the kitchen were a bit of an excursion. Malasaña (the neighbourhood) is beautiful although quite touristy and gentrified, but you can walk everywhere easily and all of Madrid's center is great anyway. All in all a very good experience, I recommend!