Centrally located in the capital area, only 6 km from downtown Reykjavik. In a very friendly and nice neighborhood I offer a nice Apartment for 2-3 people ( 1 big bed and possibility for a mattress in the living room) free wireless internet access and kitchen all set to cook. Bed sheets and towels included as well .
You have a 5 minutes walk to a bus station with buses taking you to downtown Reykjavík in 15 minutes, there is mostly plenty of free parking around.
Nearby there are grocery stores, cafés, bakeries and a great swimming pool. If you decide to walk to downtown Reykjavík I recommend a very nice 40-60 minutes walk.