This study reports a simple method for synthesizing the nanoflower-immobilized enzyme (LYH-HRP) using horseradish peroxidase (HRP) as the bioenzyme and layered yttrium hydroxide (LYH) as the inorganic carrier. Utilizing the structural advantage of LYH and the catalytic properties of HRP, a nanoflower-based colorimetric platform was newly designed and applied for sensitively detecting H2O2 and phenol with a detection time of as fast as 5 min. The limits of detection (LODs) for H2O2 and phenol are as low as 0.046 μM and 0.778 μM, respectively. The activity and stability tests showed that the activity of LYH-HRP was 1.52 times that of free HRP, and it maintained 75% of the initial activity after 60 days.