Markito was a very friendly host who went out of his way for us - he allowed us to checkin an hour earlier and gave a lot of advice about how to get about town, how to use the sharing bicycle system, and more.
Inside has been renovated and it's in a fantastic location for the price. Regular buses go directly to Trafalgar Square, and a 24 hour bus service is also running so you'll never get stuck.
Kitchen fully equipped so you can cook if you're trying to keep costs down like we were. Hair drier also provided which was a plus. The place is small for western standards and has 3 rooms so I imagine it could get busy, but we had not trouble with the other guests - we all kept to ourselves.
We'll likely be staying again in December. Thanks again Markito :)