Beautiful location. But amenities need to be upgraded. The room given to me had only the very basics such as soap, shampoo etc but no kettle, cups, coffee teabags, fridge which now are i believe standard for for hotels.
The location is great, right in the centre of Reykjavík, 5 minutes walk to reach the main attractions. The room was clean and tidy and there was a complimentary breakfast offered which was great.