Bobbio hotel, despite being very small and friendly, is most definitely not 5 minutes from the centre !
It is five minutes walk to the bus stop, and fifteen minutes bus ride to civilisation.
This then gives you access to the main transport links, buses, trams, and metro to any other parts including the centre of town.
The rooms are reasonable sizes, neat and clean, with everything you can expect from a small hotel.
Staff are friendly, and helpful.
The drink (alcohol) is cheapest anywhere in Badapest.
Which is good, because the latest bus from town runs at 23.02 every night.
Breakfast is continental with a chance to order eggs (scrambled egg is actually omlette !)
otherwise a great small cheap hotel.

Ok, so this place is in the suburbs and seriously in the middle of nowhere. There is ONE bus that takes you from the B&B to the nearest subway/bus terminal from which you can be taken to the rest of the city. It's about a 5 minute walk to the bus stop (uphill on the way back to the hotel), and this bus comes approximately every 20 minutes. It seems safe, but at night the walk back is really quite creepy because the street is pitch black. It's a fairly comfortable place to stay but is really in an inconvenient location.

The staff was very nice and helpful though. The rooms are a bit old but clean and theres' a nice view of the backyard from the balcony. The breakfast buffet was quite nice, and the receptionist makes a good latte.

We enjoyed our stay at this hotel - relatively basic but cheerful and in a nice spot in the Buda Hills.

We spent four nights in a one bedroom suite at the Bobbio in April 2006.

While the hotel as a property won't stir many hearts or win many design awards, the young team of staff made our stay feel very special. We travelled with our two young children (aged 4 and 6), and the staff were immensely helpful in recommending places to go, planning activities (often researching timetables, opening hours on the net and phoning ahead to check details) and generally being really friendly, warm and welcoming.

The hotel is located way up in the Buda hills in a quiet, upmarket residential area. Transport into town is via a 15 minute public bus journey that runs every 15-20 minutes (every day and late at night). Contrary to other reviews, the hotel is not near a metro stop or numerous bars and restaurants so in general we organised our days around spending the full day away from the hotel.

The rooms were functional, well maintained and very clean with good daily service from the housekeeping. Our room had a balcony that overlooked the local hills - a very pleasant view.

There is a bar/breakfast room that will serve drinks at all times. Food is limited to an enjoyable breakfast - a buffet of fresh bread, fruit, cheese, cold meats and the option of bacon, eggs cooked to order. Drinks included a range of teas, good coffee, drinking chocolate (the kids loved this!) and some basic orange juice.

All in all I'd recommend the Bobbio for people who are willing to trade a little travelling time (transfers to and from town) for the space, tranquility and service that the Bobbio offers.

The Bobbio left me with a sense of getting a feel for Budapest and its people away from the hubbub of the town centre.