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5 January 2012, 07:44 | Updated: 5 January 2012, 07:51
The 'Gotta Be You' singers are reportedly lining up a bid to purchase Chelsea star Ashely Cole's old flat.
One Direction stars Harry Styles and Louis Tomlinson are rumoured to be looking into purchasing a flat once owned by Chelsea footballer Ashely Cole.
The 'What Makes You Beautiful' singers are reportedly currently spending around £3,000 a week on rent in the North London home and now want to make it their own.
A source told the Daily Star: "Harry and Louis are living the life of luxury and loving every single minute."
The boys recently through a lavish New Year's Eve party at the flat which was attended by the rest of their boy band mates.
"They had a wild bash with Louis hiring a coach to bring his old school chums. Harry was telling everyone he’s fallen head over heels for the flat, and loved the fact Ashley Cole used to live there," added the source.
Meanwhile, Harry recently admitted that he nearly had to postpone his 18th birthday celebration plans as he is flying to America and will be affected by the time difference.