Through reasons I didn't completely plan, I've had this happen to me twice, so I've had a little experience with it.
It sucks.
First time, the room didn't have a desk, so I had to deal with a mix of issues trying to get a place to work. I wasn't working full time, but I was working enough while still having to fight the urge to get up and go on vacation.
Second time, I had places to work while I was away, but I was still dealing with the issue of wanting to get up and enjoy myself where I was. I also bore costs to me alone to pay for my ability to work.
The only way I see it work is if you have enough mental discipline to work wherever or there is a firm understanding that the quantity of work is going to decrease.