The hotel is amazing for the price. Fair warning though, it does not have a kettle or tea and coffee in the room, nor does it have complimentary shower gels etc.
Also, here is another warning: it does have a bus that takes you to the town of Madrid. However, you have to cross a very busy highway and walk to the bus stop. Moreover, it takes a person about an hour to and hour and a half, to get to the hub of Madrid (Puerta del Sol)