Very good location.
The shared rooms are rather small (around 5m x 4m ) and cannot confortably hosts 8 people in my opinion ..
The room I stayed in is on the street side and is very noisy.
The mattress is unconfortable and the pillow very thin. I could barely sleep as a result.
It's indeed one of the cheapest options for this great location but I wouldn't recommend, especially for a stay longer than a couple of days.