Prince Naseem Hamed 'loses £1m after selling Yorkshire mansion'

Former world featherweight champion boxer Prince Naseem Hamed has reportedly sold his Yorkshire mansion for £1m less than he bought it for.

The ex-sportsman is believed to have recently sold the property, which is situated in the area of Dore, for around £2,350,000.

According to the Daily Mail, the 10-bedroom mansion, which is surrounded by 10 acres of gardens, was bought by Hamed back in 2005 for £3,330,00.

Back in 2006, Hamed served 16 weeks in prison after he pleaded guilty to dangerous driving following a 90mph three-car collision, which took place close to the property, and left one driver with serious injuries.

The former boxer now lives in Surrey and runs a sports management company.