The first of eight new apartments created within two Victorian heritage buildings on Faringdon Road has been bought.

Harriet and Anthony Jane from Christian Malford in Wiltshire will let out the property which originally housed a haberdashery and milliners.

The buildings have been restored by Swindon Borough Council as part of an extensive regeneration of the town centre. Each apartment retains many of its original features, including fireplaces, sash windows and high ceilings.

Anthony said: “Swindon has got a lot going for it, and with the plans for the town centre regeneration and the electrification of the railway line, its potential is great.

“You can’t rely on pensions any more, whereas property in Swindon offers value for money and good rental returns. I believe that in ten to 15 years Swindon will see high growth compared to other areas in the UK.”

The couple have asked Richard James estate agents’ Old Town office to manage the letting of their investment apartment on their behalf.

Councillor Dale Heenan, Swindon Borough Council’s cabinet member for the town centre, said: “I am really pleased that Harriet and Anthony have recognised the potential of Swindon and how it is a great place to invest. Faringdon Road is a good example of creative thinking to turn an eyesore into a building which reflects its proud heritage."

"The eight apartments look fantastic and we have residential sales close to completion.

“Harriet and Anthony have bought at the right time because in March, construction should finally start on the Snowdome at North Star, next summer will see the start of building work at Kimmerfields and December will see the 45-minute train timetable to Paddington.”