This hotel is located pretty close to Dam square and not too far away from Centraal Station. It's next to a canal as well, so you get a bit of a view - the rooms have a balcony. It's located on a street that has lots of similar budget hotels. When you step into the hotel the sight of what looks like a hundred stairs to be climbed up to the actual hotel may not be to everyone's licking. However, credit to the hotel staff - they shout down to you and ask if you want a hand up with your luggage.
The room itself is clean and quiet with all the things you expect like a TV, fridge, safe. Room size is small but manageable, I would bring your own toilet stuff like shower gel, shampoo because I can't remember if there provided.
So, not a bad choice over all.