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Liam Payne buys parents new home - report

One Direction star Liam Payne has reportedly gifted his parents a new $640,000 home in England.

The Story of My Life hitmaker purchased the house near his childhood home in Wolverhampton, according to Britain's The Sun newspaper.

A source tells the publication, "Liam thinks the world of his parents and it pains him to leave his family behind when he is on tour.

"He is also a shrewd operator. At 21, he has shown excellent awareness of the importance of investments. 1D won't last forever but Liam has already secured several million in bricks and mortar."

The news comes days after it was reported Payne purchased a $7.8 million luxury mansion for himself in Surrey, England.

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