Hotel has a perfect location if you want to be near Khao San Road, and to have a nice sleep in quite area. Room is good, has basic staff, but no view, at least in our room, terrace was unusefull, we were against the wall, maybe it is better in other parts of the hotel.
For that amount of money I think you can find much better hotel in other parts of the city, maybe even in this part, but for me personally it is not great part of Bangkok to stay.