Great location near the train station, 12 minute walk. We headed to Sevilla next and it was very convenient. On the edge of historic Old Madrid. The farthest site, the Palace, was only a 35 minute walk. 15 minutes to the Prada.
The room was completely Hard Rock standard, trendy, very clean, great bed and wonderful shower for two. Breakfast was OK, but well worth it for convenience.
FYI, the place rocks and can sometimes be a little noisy, but not the end of the world.
Loved it.