This is a cheep place to stay as on weekends it is half the sum (~4 euro), but it does not have toilet or bathroom in the room, only a sink.
It is full of young people that came from all over the Asia to study, so it is a great multi-cultural centar for young people.
If you go there by car take the Dayka Gabor street and then Harasztos till the end of it, as by foot you can find your shortcut somewhere around the pointer to the Harasztos street.