Really depends how you feel about Oxbridge style tutorials/supervisions, which is what UCL basically runs for its English students I gather. Some people like that environment, others don't.
Looking at the course descriptions in the handbook, it looks that the papers are similar to Oxford (and maybe Cambridge) in that while there aren't a huge array of options, they are very broad ranging and allow you a great deal of leeway in studying a range of texts within the broad period/genre of the paper, alongside some set texts. So it's really up to the student to forge their interests through the modules, while they also cover some basic "core" texts.
Essentially the UCL course just seems less subdivided which in turn does allow a fair bit of flexibility for the student. You could also focus on particular thematic interests across different modules in different time periods perhaps more easily as a result.