The proposals will deliver 350 new homes across four blocks built on the former car park of the north London station.

Transport for London is required to seek the consent of the Secretary of State for the disposal of land used for its operational purposes. TfL first requested permission in 2021 to sell the land currently used for car parking by the station, but this was denied by the then Secretary of State.

Work will now progress to ensure that the development can begin in the coming years, including updating the designs in response to the latest fire safety requirements and liaising with the local council planning authority on any changes needed.

Places for London, TfL’s property company, is working on multiple projects across London and the proposals at Cockfosters will contribute towards its target of starting construction of 20,000 homes, including 50 per cent affordable housing, by 2031.

The Mayor of London, Sadiq Khan said: “After the previous government refused to approve the plans, I’m delighted that the new government has given us the green light to progress exciting plans for new homes at Cockfosters station.

“Building homes right next to public transport connections is a key part of our plans to deliver the high-quality homes Londoners need.”

Graeme Craig, Director and Chief Executive of Places for London, said: “We are delighted that we are now able to make progress with our plans at Cockfosters now that we have the green light to release the land. We look forward to working across the capital with the Government and the Mayor as we progress the plans to deliver the homes that London urgently needs.”