Trafalgar Property Group PLC - South-East England-focused residential property developer - Receives planning permission to demolish the existing bungalow at its site in Tunbridge Wells at Talbot Park. It will build a scheme of detached houses in its place, which it estimates ‘should achieve in the region of £950,000 each’.

Trafalgar Property acquired the Talbot Park site shortly after its last year-end in March for £490,000. Now that it has received consent, the company will either seek funding for the build or dispose of the consented development. The initial cost of the site was partly funded by CPF Ltd.

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