Miserly bloke around east (5)
I believe the answer is:
cheap
'miserly' is the definition.
(I've seen this in another clue)
'bloke around east' is the wordplay.
'bloke' becomes 'chap' (both can mean a man).
'around' indicates putting letters inside.
'east' becomes 'e' (synonyms).
'chap' placed around 'e' is 'CHEAP'.
(Other definitions for cheap that I've seen before include "Economical - rubbishy" , "Base" , "Budget -cheesy" , "not doing much damage" , "Mean" .)