This is a good value if you want to be close to the city. Very safe area. Very old building though, and if you are picky on the cleanliness of the bathroom, that may be a problem, as the other guests are not always clean. However, the room itself is bigger than it appears in the picture and is clean. It is a very safe area, and I did not have a problem with loud noise with my roommates, but it depends on how you get along, I guess.
I would recommend if you are looking for an inexpensive place near the city that is very safe, but not perfectly clean in the common areas. I'd stay here again.