The house where Dylan Thomas was born is to be restored to how it would have looked when the poet lived there.
Thomas was born in the front facing bedroom of the house in 1914
Swansea businessman Geoff Haden and his wife Anne are behind a company that has bought the lease to 5 Cwmdonkin Drive.
There were fears that visitors would no longer be able to go inside after the city council ended its lease last year.
The Hadens say they want to restore the terraced property to its pre-World War Two condition, which was when Thomas wrote many of his early works there.
The poet was born in the front bedroom of the house in 1914, the year his family moved in.
It is opposite Cwmdonkin Park, referenced in many of his early works.
Mr Haden said: "We are hoping that we are going to restore the whole of the house to the condition it was in between the wars.
"That's the time the Thomas family lived here with Dylan, between 1914 and 1937.
Dylan Thomas made many references to the house and its surrounds
"We don't want it to be a museum - somewhere that's going to be stuffy."
But he said it would be opened for events such as literary society meetings and readings.
They will be looking for help from Thomas fans and experts in renovating the building.
Thomas expert Jeff Towns said the house and its surroundings had been a big influence in the early works of Thomas.
"The best thing to do, rather than to try and renovate the whole place, would be to pick one or two rooms," he said.
"The bedroom where he used to go away and hide and write and then his father's study to try and re-construct the library that he used so much and had such an influence on him.
"He had this incredible creative burst between the ages of about 15 and 20.
"His memories of childhood always refer back to the house and this area."