Transport for London (TfL) plans to open up a new section of the Bakerloo line between Elephant & Castle and Lewisham by the end of the next decade.
Expected to cost as much as £8 billion to complete, new stations would be built at Burgess Park, Old Kent Road, New Cross Gate and Lewisham.
New platforms would also be built at Elephant & Castle station.
A recent TfL report also confirms that transport bosses would like to extend the Tube line even further, with trains potentially travelling as far south as Hayes in Bromley.
This additional extension would make use of existing track, and would replace the Southeastern services that currently use the line.
This would see Bakerloo line trains stop at Ladywell, Catford Bridge, Lower Sydenham, New Beckenham, Beckenham Junction, Clock House, Elmers End, Eden Park, West Wickham and Hayes.
A further extension of the line into Bromley has also been suggested (Image: TfL)
A public consultation on TfL’s final design for the extension is expected early next year.
London Mayor Sadiq Khan has said that at least 20,400 new homes could be built if Tube services were run to Lewisham.
The same TfL report also reveals the status of a £1.8 billion project to replace the existing fleet of Bakerloo line trains, which is more than 50 years’ old.
A business case for the new trains was submitted to the Department for Transport in December, and TfL hopes to secure Government funding for the project this year.
Transport bosses hope that they can press ahead with the project soon so that they can tag the new trains onto the current Siemens order to build a modern Piccadilly line fleet.
If Government funding is not approved this year, TfL says it will have to pause work on the upgrade to consider “alternative approaches” for the future of the Bakerloo line.