So just to update: turned out it wasn't the wheel bearing (yet). Took everything apart, well loosened it all off, apart from the brake caliper because the 8mm hex key i have was never gunna budge such rotten rusted bolts and it was too late to pop and get an 8mm hex socket which is what I should have had in 1st place.
Anyway, copper greased the pads, reassembled everything and the noise has gone. Can only assume it was brakes binding.
I did learn in the process that my rear dampers are knackered (the top bush where the bolt goes through is just a big gaping hole so the hole thing just knocks about freely as it pleases) so it's time I replaced them I think ... struggling to find any decent specific 100hp rear dampers online though, all the koni str.t's say excl. 100hp??