Magnetic spots on low-mass stars can be traced and characterised using multi-band photometric light curves. Here we analyse an extensive data set for one active star, V1598Cyg, a known variable K dwarf which is either pre-main sequence and/or in a close binary system. Our light curve contains 2854 photometric data points, mostly in $V$, $R_c$, $I_c$, but also in $U$, $B$ and $Halpha$, with a total baseline of about 4yr, obtained with small telescopes as part of the HOYS project. We find that V1598Cyg is a very fast rotator with a period of 0.8246 days and varying amplitudes in all filters, best explained as a signature of strong magnetic activity and spots. We fit the photometric amplitudes in $V$, $R_c$, $I_c$ and use them to estimate spot properties, using a grid-based method that is also propagating uncertainties. We verify the method on a partial data set with high cadence and all five broad-band filters. The method yields spot temperatures and fractional spot coverage with typical uncertainties of 100K and 3-4%, respectively. V1598Cyg consistently exhibits spots that are a few hundred degrees warmer than the photosphere, most likely indicating that the light curve is dominated by chromospheric plage. The spot activity varies over our observing baseline, with a typical time scale of 0.5-1yr, which we interpret as the typical spot lifetime. Combining our light curve with archival data, we find a six year cycle in the average brightness, that is probably a sign of a magnetic activity cycle.
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