Fantastic value for money, and the location works very well too. Sure, the building and facilities are old, but I had no issue with that. Many people leave bad reviews because they simply are used to too much luxury. This hotel meets your needs, and I would stay here again. Reception is also extremely nice, which adds to the charm of this place.
Some things I want to add (because some of the reviews I've seen are just people being silly):
If you want to adjust the temperature of your room, look for the AC remote or ask for it! I made the mistake of not doing this the first night, but it was very straight forward, and the AC works great.
Breakfast is either white or whole grain toast with only a few toppings (meats, cheese, egg). Cold yogurt and cereal was also available. It's not much, but it's breakfast and saves you time looking for a breakfast place in the morning.
Yes. The shower temperature can vary. This is because you're not the only person using water in an 8-floor building. If the water gets too hot, step out of the stream of water. The shower is large enough to do that. I'm sorry, but the reviews complaining about this made me so confused.
This place is a great budget option.