Depp and Heard are reportedly eyeing several palatial pads to temporarily call home as he shoots the Disney musical, reported Sun Online.
The 50-year-old star was looking to rent a home in Surrey previously occupied by fellow A-list stars Brad Pitt and Angelina Jolie, but the deal fell through. "He's keen on the Home Counties (around London) and has his heart set on a ranch," a source said.
Depp is set to star alongside Oscar winner Meryl Streep, 'Star Trek' hunk Chris Pine, James Corden and Emily Blunt in the movie, based on a musical Broadway of the same name. The iconic star recently claimed he is strongly considering retirement from acting for a quieter life.
"At a certain point you start thinking and when you add up the amount of dialogue you say per year and you realise you've said written words more than you've had a chance to say your own words that becomes an insane option for a human being.
Are there quieter things I wouldn't mind doing? Yes, I wouldn't mind that. I wouldn't say I am dropping out any second but I would say it's not too far away."