I have nothing to complain about the hotel, everything worked and our stay was very pleasant. The location is very good, you can even walk to the center of Pest if you like walking, but there are bus stops and a metro station next to the hotel, so it's ideal. 10-15 minutes to the center, depends if there's lots of traffic and where you want to go. There are some shops and pubs etc. around the area, also the shopping center Arena is close by. It's not the fanciest of area in Budapest, but it's quite okay.
The staff was helpful and spoke English. The room was big enough, and because we were quite high up, the noise from the busy street wasn't too bad. But if traffic noise bothers you, get earplugs! However, the hotel has an oldish vibe to it, it is not very modern, nor stylish. But if you don't need anything fancy, just really nice but basic hotel, I recommend this place. It's not the cheapest, but I'd say it's very good value for the price. Breakfast was nothing too special, but still a lot of different choices, and I was happy with it.
The hotel was actually a lot better than I expected from the reviews here! Old fashioned, yes, but that's not necessarily only a bad thing.