An area already earmarked for over 150 homes could see further housing after a neighbouring plot has gone on sale.
The 0.56 acre patch between 14 and 20 Chalk Hill in Oxhey has been listed by estate agents Brasier Freeth offering “substantial” redevelopment potential, with price available upon application.
It is located directly next to 8 to 12 Chalk Hill, which went on sale for £7 million billed as a “landmark” housing opportunity after it was granted conditional planning permission for 151 homes in 2018.
The site currently houses three buildings which were originally residential homes and are now used as offices, as well as 12 Ye Corner, which faces onto the main road and used to be a bank, according to the estate agents.
In the listing, it is advertised as offering “substantial prospects for residential redevelopment”, as it suggests converting the existing buildings to homes or developing the car park.
Any plans for the site may be complicated by the fact that no.14 is a grade-II nationally listed building due to its origins as a 17th century former farmhouse.
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The estate agents said that the land is in “close walking distance” to Watford town centre and Bushey Village, as well as less than 200 metres from the Bushey London Overground station.
While no planning permission has been lodged for the plot, the listing points to the previous plans for the neighbouring 1.67-acre site, which it says is “illustrative of the type of scheme that could be developed at this location”.
Watford Borough Council green-lit plans for 151 homes at 8 to 12 Chalk Hill in 2018 after it was the subject of housing proposals for over 15 years.
The “rare opportunity” is now on sale for £7 million and any proposals are still subject to a 106 'planning obligation' agreement, which requires 26 units to be affordable housing, £16k towards improving two bus stops, and £30k for a car-club on-site.
Officers concluded the plans would regenerate the "neglected" site, which currently has one residential unit and two vacant industrial buildings.
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