Thanks very much thats a lot of helpful information. I soldered a tiny 3 pin mosfet on my SKR mini board for my 3D printer. It was wedged in between 2 fan connectors and extremely awkward. I must have done a reasonable job as it's working perfectly ever since. The GPU looks a lot easier due to the location and it's just 2 pins.
I'll pick up the solder paste and go from there. Do you recommend anything in particular regarding cleaning the area before putting down the solder paste? Also from I can tell the ferrite can be mounted either way, would that be correct?
Yeah, that solder job you did before sounds a lot harder than this one. Soldering in a tight area like that is a real pain. This time it looks open and like a nice area. You could always mask off the nearby components with tape but usually solder paste is fairly safe for SM work like this. If you do use tape make sure it's Kapton tape, which won't melt at soldering iron temps - normal tape might melt onto the pcb and create a worse problem than no tape.
The component should work either way round.
To clean the area, personally I'd use some flux and scrape off the old solder with the iron, if there is any. But realistically you should get a contact either way with the paste and I'm conscious about not adding too many things to the shopping list (good flux is another £10-15). Depending on what there's you could also clean up that area of the pcb with iso alcohol before you start.