diff --git a/toolchain/toolchain-external/pkg-toolchain-external.mk b/toolchain/toolchain-external/pkg-toolchain-external.mk
index 3bf9fac412..8b2c283654 100644
--- a/toolchain/toolchain-external/pkg-toolchain-external.mk
+++ b/toolchain/toolchain-external/pkg-toolchain-external.mk
@@ -77,7 +77,11 @@ ifneq ($(TOOLCHAIN_EXTERNAL_PREFIX),)
 TOOLCHAIN_EXTERNAL_BIN := $(dir $(shell which $(TOOLCHAIN_EXTERNAL_PREFIX)-gcc))
 endif
 else
-TOOLCHAIN_EXTERNAL_BIN = $(TOOLCHAIN_EXTERNAL_INSTALL_DIR)/bin
+TOOLCHAIN_EXTERNAL_REL_BIN_PATH = $(call qstrip,$(BR2_TOOLCHAIN_EXTERNAL_REL_BIN_PATH))
+ifeq ($(TOOLCHAIN_EXTERNAL_REL_BIN_PATH),)
+TOOLCHAIN_EXTERNAL_REL_BIN_PATH = bin
+endif
+TOOLCHAIN_EXTERNAL_BIN = $(TOOLCHAIN_EXTERNAL_INSTALL_DIR)/$(TOOLCHAIN_EXTERNAL_REL_BIN_PATH)
 endif
 
 # If this is a buildroot toolchain, it already has a wrapper which we want to
diff --git a/toolchain/toolchain-external/toolchain-external-custom/Config.in.options b/toolchain/toolchain-external/toolchain-external-custom/Config.in.options
index 8cc9db6841..65d94d0adf 100644
--- a/toolchain/toolchain-external/toolchain-external-custom/Config.in.options
+++ b/toolchain/toolchain-external/toolchain-external-custom/Config.in.options
@@ -12,6 +12,15 @@ config BR2_TOOLCHAIN_EXTERNAL_URL
 	help
 	  URL of the custom toolchain tarball to download and install.
 
+config BR2_TOOLCHAIN_EXTERNAL_REL_BIN_PATH
+	string "Toolchain relative binary path"
+	default "bin"
+	depends on BR2_TOOLCHAIN_EXTERNAL_DOWNLOAD
+	help
+	  Path to where the binaries (e.g. the compiler) can be found,
+	  relative to the downloaded toolchain root directory. The
+	  default is "bin" and is correct for most toolchains.
+
 config BR2_TOOLCHAIN_EXTERNAL_CUSTOM_PREFIX
 	string "Toolchain prefix"
 	default "$(ARCH)-linux"