Following on from nearby Norfolk Heritage Park are the Cholera Monument Grounds incorporating the Cholera Monument, the cholera burial ground, pleasure gardens, and Clay Wood (a 1.6 hectare area of mature woodland). The Cholera Monument is a main historic feature of the park and is a Grade II listed structure. The grounds are Grade II listed on Historic England's 'Register of Parks and Gardens of Special Historic Interest'. The park is supported by Friends of Sheaf Valley Park.

The Cholera Monument is a memorial to the Sheffield citizens who died during the cholera outbreak of 1832, and is of national significance. It is a prominent and popular landmark, visible from many parts of Sheffield. The monument was designed by Michael Ellison Hadfield and completed in 1835.

A neat and appropriate monument has been erected in Norfolk road, opposite the Shrewsbury hospitals, in memory of those who died in Sheffield from the ravage of the cholera in 1832, and who were buried on this spot. The disease ravaged from the beginning of July till the end of October. The numbers attacked were 1347, of whom 402 dead. (Illustrated Guide to Sheffield, Pawson and Brailsford, 1879)

There is no physical barrier between Cholera Monument Grounds and Clay Wood, they effectively combine to form one larger open space. Clay Wood is a sycamore-dominated secondary broadleaf woodland with a small network of footpaths. It is approximately one hundred and thirty years old.

Crossing the road at the bottom of the grounds brings you to South Street Park which rises welcomingly above the tram tracks at the top of Sheffield Midland Station, rewarding those who make the short climb up the ‘Steel Steps’ with breathtaking views over the city. the park is adjacent to the iconic Grade II listed Park Hill Flats.