First look at the design and determine the two largest diameter items – the driving wheels and the smokebox to boiler joint ring.
Then there are some simple approaches.
1 Get a lathe that can turn these in the gap, it doesn't have to be able to turn them over the full bed.
2 Get a lathe you can afford and fits your space available etc and if it is not big enough for some parts find an evening class, Men's Shed, club with a machine shop where you can do the few big items. Even if you have to travel a long way to access this facility it could be cheaper that the full works.
3 Again get a small lathe but also look into how it can be temporarily enlarged with raising blocks under the head or by some add-on as has been published in ME occasionally.
4 Again small lathe but also a milling machine with rotary table.
5 Again small lathe but a combination mill like the Centec2b with horizontal spindle that can be also be used for turning, just not between centres.
Quick estimate: Driving wheels 6ft 6in. at 10 1/4 that will need 13in capacity.
Edited By Bazyle on 28/10/2015 13:14:19