Town of note, possibly (4)
I believe the answer is:
eton
'town' is the definition.
Both the answer and definition are singular nouns.
Maybe there's a link between them I don't understand?
'note possibly' is the wordplay.
'possibly' is an anagram indicator.
'note' is an anagram of 'ETON'.
'of' is the link.
Can you help me to learn more?
(Other definitions for eton that I've seen before include "old school" , "Place for learning" , "College, collar or crop" , "Noted public school" , "School; jacket type" .)