The location is central to just about everything you will want to do in Madrid. Easy access to main metro stations will make your stay a breeze. Also look up Donkey Republic App, they have 24hour bike rentals for 15 euro! The street outside is very busy and has street musicians that play through the night which may disturb a light sleeper. We didn't mind though. The internet was good enough to stream Netflix from a couple devices. The kitchen was lacking a few cooking necessities but we got by. Downstairs is a small grocery store which we used a few times. Our host Jen was super nice and very responsive.