I have been to this Hostel recently and am happy to have stayed again. In the last few months since I last visited, the work that was going on has been completed and the changes are fantastic, the e check-in/out was simple to use, the new common room/ reception is open and bright and the new code access for the dorms require no card that could be lost.
The area is directly in an area with bustling nightlife, filled to the brim with excellent choices for food and drink. The area is loud, but the dorm areas were relatively quiet, all but the lightest sleepers will have no issues dosing of in the comfortable beds.
I did have issues using and getting the code to my rooms safe, but the staff were able to to help me, remember to check you have both the dorm code, your safe code AND how to operate it.
Would definitely recommend here if you want something cheap and cheerful!