It's pefectly located for the old town attractions, eateries and amenities - launderette, supermarket and even a handy bargain store for any household bits you might need - I broke a mug, for example and it was easy to replace cuz of that shop (and Barry's very reasonable, team-player attitude to resolving stuff :-) ) The telly's great, the sofa and bed are comfortable and the shower is just amazing!
For fellow travellers: It's a residential area and the note about respecting the neighbours shouldn't be overlooked as the sound from the street does get in. You should also take particular care in the entrance hall as it's an old stone corridor with reverb that Simon and Garfunkel would die for ;-)
Smokers: dispose of your butts responsibly! Especially if you choose to smoke out the front of the building. I can imagine the residents would not be impressed with the pavement starting to look like an ashtray. I went out there with a hoover at one point cuz I didn't want them to blame me for the mess!