Harry Styles has splashed out on a new £3 million (A$4.7m) home.
The One Direction singer – whose band has earned £100 million in the two years since they competed on 'The X Factor'– has just purchased a plush new bachelor pad in North London.
A source close to the 18-year-old singer said: "A lot of Harry's friends live in Primrose Hill and Belsize Park, so he wanted to move closer to them.
"The new house is enormous compared to his old flat.
"It has four bedrooms and as many bathrooms, as well as a few huge, open-plan living areas. It’s the perfect party pad."
The young heartthrob is now preparing to christen his swanky new home by throwing a no-expense-spared house-warming with invites going out to all his band mates, celebrity pals and old school friends.
A friend of the That's What Makes You Beautiful singer has revealed his new home is extremely private and the party is expected to be a wild affair.
She said: "The band are really going to let their hair down, Harry-style(s).
"The house has a gorgeous garden and high walls, so Harry won't have fans watching his every move.
"He's already been spending lots of time in the area and becoming a regular in the local pubs."
Harry's purchase comes just seven months after he snapped up his first property in East London for £575,000 in February.
One Direction are set to release their second album Take Me Home on November 12.