I was in Waterford on business and wanted something as inexpensive as possible. This was €39 for a single en suite - the same as the hostel down the road, but breakfast was included in the price at The Anchorage. First impressions - it was a bit run down, decor-wise but when I'm looking for budget accommodation decor isn't high on my list. It was clean, had TV, tea and coffee facilities, a hairdryer and soap and shower gel in the bathroom - I've stayed in a more expensive hotel in Waterford which didn't provide these! Towels were clean, and the bathroom had good powerful shower. I also got a warm welcome and a good breakfast.
One thing to be aware of - The Anchorage is on a busy road so it isn't the most peaceful location, but it's handy for the town and bus/rail connections.
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