A friend and I were looking for budget accommodation in Prague and stumbled upon 'Miss Sophies'. We booked a twin room for £50 per night which we considered a bargain for such a clean, modern hostel in a great location.
It was everything we needed, with friendly English speaking staff, comfy beds, fantastic modern bathroom and a communal kitchen and lounge in the basement where you could chat and eat with other guests.
www.miss-sophies.com/
Melounova 3
120 00 Prague 2