AFAIA No. If the profit is small you can just include the profit from rental income on the Return of income form. Keep a backup of how you calc the profit just in case revenue do an audit or ask for details.
As the profits rise you could come under the self assessment rules see "guide for self assessment" See "How is the tax due on rental income collected?" from the link below.
See [broken link removed] for what can be deducted from Rental income besides Interest & management fees