The location is AMAZING - everything you could possibly want (except gluten free veggie food apparently) is close by and easily walkable. The "one set of stairs" is quite the set, and very steep, so I felt a bit unprepared getting my bags up and down. The code entry made getting in and out easy. The room is small - you're definitely paying for the location - but the bed is ultra cozy. The only weirdness (for me) was the lack of top sheet, especially in such hot and sweaty weather.
The big issue for me though was the noise. I had NO idea just how loud it would be, and the partying I heard continued past 2am when I passed out from exhaustion, and then I woke up at 5am to the sound of trains or something. So while having the amenities close by is a plus, the noise that comes with them can definitely rob you of sleep if you have an early morning.