Thanks to everyone for their help and guidance on this topic.
So I have taken the plunge and purchased a virtually unused Clarke Lathe, which I'm picking up this coming weekend. It's compact enough to sit on one of my benches and movable at just over 40kgs. It was also bought at a great price, which is always a bonus.
Going to be a learning curve after my cnc mills where I just send the design to the mill and leave it to do its thing. Will have to get to grips with rotational speed, feed rates, types of cutter, etc .Really looking forward to exploring new ways of working though and exploring what a lathe can do.
No doubt I'll be on here soon with other questions, as you guys are a great source of help.