The apartment house is in a great location, just a few steps off the main street, Laugarevegur, but still in a quiet location. Close by is both a supermarket and a bakery.
The building is rather new with plenty of carparking available in the back yard, handy for the rental car. We warmly, by the way, recommend "Sad Cars" for a great deal.
Apartments (we have tried two,so far), are very modern with full equipment, including dishwasher. The standard is high, with great comfortable beds. A very high speed WiFi is included. Top bonus is a laundry room in the basement with double sets of washers and dryers. The missus loves it!
The place is run by some very sweet icelandic folks; even if you are rather self sufficient, they will always be available for advice or so.
This is our second time in Iceland, and we were so happy with our first stay at the place we did not look further. And if we come again, we will return to the same place!