Shoe with a nasty smell dumped in street (5)
I believe the answer is:
sabot
'shoe' is the definition.
(I've seen this before)
'a nasty smell dumped in street' is the wordplay.
'nasty smell' becomes 'bo' (body odour).
'dumped in' means one lot of letters goes inside another.
'street' becomes 'st'.
'a'+'bo'='abo'
'abo' inserted into 'st' is 'SABOT'.
'with' is the link.
(Other definitions for sabot that I've seen before include "Carved shoe -- boats (anag)" , "Wooden clog" , "This from last" , "Wooden-soled 13 down" , "what's afoot?" .)