NiCoP nanosheets (NSs) were successfully synthesized using the hydrothermal and high-temperature phosphorization process. The obtained NiCoP NSs were immobilized on a glassy carbon electrode (GCE) and used to construct a novel sensing platform for electrochemical non-enzymatic H2O2 sensing. Physicochemical characteristics of NiCoP NSs were obtained by field-emission scanning electron microscopy (FESEM), field-emission transmission electron microscope (FETEM), X-ray diffraction (XRD), and X-ray photoelectron spectroscopy (XPS). In addition, the electrochemical properties of NiCoP NSs were obtained by cyclic voltammetry (CV) and chronoamperometry (CA) towards the non-enzymatic detection of H2O2. FESEM and FETEM images provided a morphological insight (the unique nanosheets morphology of NiCoP) that could expose more active sites to promote mass/charge transport at the electrode/electrolyte interface. XRD and XPS results also confirmed the crystalline nature of the NiCoP nanosheets and the coexistence of multiple transitional metal oxidation states in NiCoP nanosheets. These unique physicochemical characteristics had a degree of contribution to ensuring enhancement in the electrochemical behavior. As a result, the synthesized NiCoP NSs composed of intercalated nanosheets, as well as the synergistic interaction between bimetallic Ni/Co and P atoms exhibited excellent electrocatalytical activity towards H2O2 electroreduction at neutral medium. As the results showed, the electrochemical sensing based on NiCoP NSs displayed a linear range of 0.05~4 mM, a sensitivity of 225.7 μA mM−1 cm−2, a limit of detection (LOD) of 1.190 μM, and good selectivity. It was concluded that NiCoP NSs-based electrochemical sensing might open new opportunities for future construction of H2O2 sensing platforms.