Reportedly despatched continental bread (4)
I believe the answer is:
cent
'continental bread' is the definition.
The answer and definition can be both related to property as well as being singular nouns.
Maybe they are linked in a way I don't understand?
'reportedly despatched' is the wordplay.
'reportedly' indicates a 'sounds like' (homophone) clue.
'despatched' becomes 'sent' (I've seen this before).
'sent' is a homophone of 'CENT'.
Can you help me to learn more?
(Other definitions for cent that I've seen before include "Small American coin" , "Little bit of money" , "One hundredth of a dollar" , "One-hundredth of the value of the basic unit" , "100th of a euro" .)