This hostel is relatively new, which is very important. It is clean, furniture is ok, kitchen and other facilities are more than fine.
What is more important is the location. Within the Old Town area, surrounded by many pubs (that can be a disadvantage on Friday and Saturday nights). There is no 'police hour', so you are welcome at any time.
They even serve a breakfast in pretty big kitchen- bread/toasts + jam, cheese + milk and cereals. Tea and coffee available 24/7.
To summarize, excellent value for money. I recommend.