Six homes built by Swindon Borough Council’s housing company have been sold just a few weeks after being built.
Building work started on the six homes in Sparcells Drive, Sparcells, in April last year and was completed in March 2020. The properties were all sold just three weeks later.
All the houses were built by the council-owned housing firm, Swindon Housing Company. Four of the houses were marketed at £320,000 and two at £325,000, and all were offered with the Government’s Help to Buy scheme.
The profits from the scheme will go back to the Council to help support services.
Cllr Gary Sumner, Swindon Borough Council’s Cabinet Member for Strategic Planning, said: “I am delighted with the success of this fantastic development by Swindon Housing Company of six detached, four-bedroom family homes which have been completed to a very high standard.
“They have proven to be very popular, all being sold soon after they were completed. This thoughtful re-use of a piece of Council land has brought much needed new homes, as well as benefits to the local area both directly and indirectly through community infrastructure contributions.
“Swindon Housing Company is generating much needed commercial income for the Council and is currently planning to develop a range of sites across Swindon.”
The six properties are considered ideal for young families and those looking to move into the Sparcells area. The four-bedroom homes have been built close to local amenities and transport connections, with the addition of a new toddler play park on the adjacent open space.
Swindon Housing Company is a development company that serves to deliver new housing with improved social benefits for Swindon’s residents.
As a council-owned company, the profits from sales are returned back to the Council to help fund services.