Simple hostel in a great location. Less than a five minutes walk from the famous Borough Market. The accommodation in the women's dorm is decent - large storage bins for luggage, and curtains on the beds.
If you hate noise, it might not be the best choice to sleep by the window. However, it i above a good bar/night club that was busy all weekend long in a district known for students, pubs, and tourists close to iconic landmarks. If you want to be in a part of the city that's always alive, this is it. I started my days sometimes with an early morning run, or an electric bike ride to Hyde Park.
You won't have to think about going to Borough Market for breakfast, lunch and dinner - it is 100% worth treating yourself every single day. However, beware of the temptation of not sticking to your budget - because the food is that good! I have to suggest the paella, the mussels, giant oysters, fresh juice, fish and chips, the ample amount of amazing baked goods, the hot chocolate, the turkish delight - not all at the same time! Do you like fresh ingredients and food from around the world? You could spend two or three days at this hostel, just to plan to eat at Borough Market for every single meal.
The hostel is good for the price, but you'll spend so much time in a fun part of London that you won't really be around enough to worry about the smallest details. Overall, good place to stay.