Edda Hotels are mostly located in boarding schools that are "empty" during the summer months, so one mustn't expect too much comfort. On the other hand, they are "cheap" by Icelandid standards. So that's okay.
But - the room looked like a prison cell almost, albeit without a toilet (that was for sharing), and I pity the poor student who has to live there during the year. There was only a very tiny clothes cupboard, but many shelves, and only ONE plug socket for the whole room!