The rate of return certainly isn't good, property as an investment in the UK makes no sense for the average person, it's one for the super rich who prefer tangible and non elastic assets.
As I've said before I'm glad I've got one house, but renting it out, yeah wave goodbye to 30% of your profit straight away in fees and taxes, it's just not feasible. I'm looking forward to getting back in it next month TBH!