The Indus, west of Yadgar Chowk, is a great value midrange hotel with spotless doubles, some with squat toilet and others with sit-down flush toilet. There's a VIP room out the back with TV, carpet and good views for Rs700. The restaurant here is very good and the staff are very experienced with travel and trekking information. They also do money exchange.
Indus Motel
Karakoram Highway