We just got back from a 5 night trip to Reykjavik and stayed here. I have to say that the apartment was immaculate and in a great location. It's only a twenty minute walk to the heart of Reykjavik and across the road from a hop on hop off bus tour stop. There are a few restaurants across the road and Askur is particularly good. The only thing I would note is that only one of the double bedrooms is private and the second one shares the space with a loft that sleeps three people. It's decorated very nicely and would make a great place to base your Icelandic adventure!
A really nice, clean and modern apartment. Spacious living room with a big table - great for socialising around. Good facilities, nice bedrooms, and well located. Handy shop just around the corner, and not far into the main city. Also very good value! Recommended.