After a night in a noisy hostel two streets away from Khaosan, I moved here. The guys working at the front desk are helpful and speak decent English. I was lucky to have a 4 bed (2 bunk beds) room to myself. The hostel had only a few guests. Shame the small shared toilet and 2 showers were not in the room, but otherwise this hostel is ok. Khaosan, Rambuttri, etc. are an easy 5 min walk away.
Note there's another hostel a few doors to the left, and the Canale hostel with canal-front cafe is a few doors down as well. Both look decent. I had iced coffee at the Canale. Was nice.