I know that sound!
I had the same noise from my old D2 V8 auto a few years ago. It could be your Flexiplate. I could only hear at idle in park or neutral.
Sorry for the bad news but it's either the engine or gearbox out to check.
Here's what mine looked like when I pulled the engine for a rebuild and upgrade to 4.6.
IMG_3005.jpg
04 L322 Vogue V8 - Work truck
07 Freelander 2 TD4 SE - The wifes
74 Leyland P76 Targa Florio - Aspen Green
91 Kawasaki GPZ900R
Previous LRs = 78IIa series - 81, 93, 95 RRC - D2V8
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