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Advice on Hostels and renting (Bristol)

Hello, I am moving to Bristol in a few weeks and plan on staying at the Bristol Backpackers Hostel. While staying there I plan on finding an apartment to rent. My thinking is this is a better idea than renting something sight unseen. Does anybody have any thoughts on this particular hostels reputation? Also what is the rental market like in Bristol? What kind of place will Protected content a month get you? and are these places relatively easy to come by? Any thoughts or suggestions on this would be greatly appreciated. Thank you :)