Instrument made from wood found in street (6)
I believe the answer is:
spinet
'instrument' is the definition.
(spinet is a historical type of musical instrument)
'wood found in street' is the wordplay.
'wood' becomes 'pine' (pine is a type of wood).
'found in' indicates putting letters inside.
'street' becomes 'st' (abbreviation).
'pine' placed inside 'st' is 'SPINET'.
'made from' is the link.
(Other definitions for spinet that I've seen before include "Step in with old musical instrument" , "Type of early harpsichord" , "A small harpsichord of old" , "Step in with old harpsichord" , "Early keyboard instrument" .)